salaryLaredo is 5% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Lubbock to live the same way.
🏠 Rent per month
$1,110
$1,301
🛏️ 2-bedroom rent
$1,063
$1,195
💵 Families earn per year
$68,932
$65,675
🔑 Buying a house
$193,500
$212,400
📊 Overall prices (U.S. = 100)
87.0
91.3
🏛️ Property tax per year
$3,531
$3,333
⚡ Electric bill per month
$204
$184
👥 People living there
257,619
264,814
Commute to work
21.6 min
16.3 min
College degree
22%
35.1%
Own their home
64.1%
51.2%
Below poverty line
20.9%
18.9%
Unemployment
5.4%
5.2%
Bottom line
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, higher incomes and 1 more.
- Pick Lubbock for shorter commutes, a more educated workforce, less poverty and 1 more.
Pay for the same job
| Job | Laredo | Lubbock | Difference |
|---|---|---|---|
| Firefighter | $59,100 | $77,290 | +31% in Lubbock |
| Accountant | $63,410 | $74,390 | +17% in Lubbock |
| Pharmacist | $125,060 | $145,890 | +17% in Lubbock |
| Market Research Analyst | $47,220 | $52,820 | +12% in Lubbock |
| Physician Assistant | $124,120 | $137,510 | +11% in Lubbock |
| Warehouse Worker | $32,480 | $35,130 | +8% in Lubbock |
| Restaurant Cook | $28,120 | $30,250 | +8% in Lubbock |
| Civil Engineer | $76,620 | $81,840 | +7% in Lubbock |
Frequently asked questions
Is Laredo or Lubbock cheaper to live in?
Laredo is about 5% cheaper overall. Rent is $1,110 a month there versus $1,301 in Lubbock.
What salary do I need in Lubbock to match $60,000 in Laredo?
About $63,009 a year gives the same standard of living in Lubbock.
Where do people earn more, Laredo or Lubbock?
The typical household earns $68,932 in Laredo and $65,675 in Lubbock, 5% more in Laredo.