salaryLaredo is 12% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Madison to live the same way.
🏠 Rent per month
$1,110
$1,723
🛏️ 2-bedroom rent
$1,063
$1,628
💵 Families earn per year
$68,932
$84,177
🔑 Buying a house
$193,500
$372,900
📊 Overall prices (U.S. = 100)
87.0
97.3
🏛️ Property tax per year
$3,531
$6,541
⚡ Electric bill per month
$204
$120
👥 People living there
257,619
278,001
Commute to work
21.6 min
19.4 min
College degree
22%
59.9%
Own their home
64.1%
46%
Below poverty line
20.9%
16.4%
Unemployment
5.4%
2.7%
Bottom line
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, cheaper homes.
- Pick Madison for higher incomes, shorter commutes, a more educated workforce and 2 more.
Pay for the same job
| Job | Laredo | Madison | Difference |
|---|---|---|---|
| Plumber | $46,350 | $85,160 | +84% in Madison |
| Electrician | $46,140 | $78,430 | +70% in Madison |
| Operations Manager | $78,640 | $126,620 | +61% in Madison |
| Carpenter | $41,540 | $63,480 | +53% in Madison |
| Market Research Analyst | $47,220 | $67,990 | +44% in Madison |
| Server (Waiter/Waitress) | $22,020 | $30,910 | +40% in Madison |
| Medical Assistant | $35,320 | $48,750 | +38% in Madison |
| Customer Service Representative | $34,420 | $47,500 | +38% in Madison |
Frequently asked questions
Is Laredo or Madison cheaper to live in?
Laredo is about 12% cheaper overall. Rent is $1,110 a month there versus $1,723 in Madison.
What salary do I need in Madison to match $60,000 in Laredo?
About $67,128 a year gives the same standard of living in Madison.
Where do people earn more, Laredo or Madison?
The typical household earns $68,932 in Laredo and $84,177 in Madison, 18% more in Madison.