salaryLaredo is 12% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in McKinney to live the same way.
🏠 Rent per month
$1,110
$1,993
🛏️ 2-bedroom rent
$1,063
$1,977
💵 Families earn per year
$68,932
$133,966
🔑 Buying a house
$193,500
$471,800
📊 Overall prices (U.S. = 100)
87.0
97.1
🏛️ Property tax per year
$3,531
$7,791
⚡ Electric bill per month
$204
$182
👥 People living there
257,619
210,600
Commute to work
21.6 min
27.8 min
College degree
22%
54.1%
Own their home
64.1%
63.8%
Below poverty line
20.9%
5.7%
Unemployment
5.4%
3.7%
Bottom line
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
- Pick McKinney for higher incomes, a more educated workforce, less poverty and 1 more.
Frequently asked questions
Is Laredo or McKinney cheaper to live in?
Laredo is about 12% cheaper overall. Rent is $1,110 a month there versus $1,993 in McKinney.
What salary do I need in McKinney to match $60,000 in Laredo?
About $66,970 a year gives the same standard of living in McKinney.
Where do people earn more, Laredo or McKinney?
The typical household earns $68,932 in Laredo and $133,966 in McKinney, 49% more in McKinney.