salaryLaredo is 31% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Miami to live the same way.
🏠 Rent per month
$1,110
$2,538
🛏️ 2-bedroom rent
$1,063
$1,983
💵 Families earn per year
$68,932
$67,365
🔑 Buying a house
$193,500
$518,100
📊 Overall prices (U.S. = 100)
87.0
114.2
🏛️ Property tax per year
$3,531
$4,586
⚡ Electric bill per month
$204
$133
👥 People living there
257,619
459,745
Commute to work
21.6 min
27.3 min
College degree
22%
37.4%
Own their home
64.1%
30.8%
Below poverty line
20.9%
19.4%
Unemployment
5.4%
5.2%
Bottom line
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, higher incomes and 2 more.
- Pick Miami for a more educated workforce, less poverty, lower unemployment.
Pay for the same job
| Job | Laredo | Miami | Difference |
|---|---|---|---|
| Market Research Analyst | $47,220 | $78,990 | +67% in Miami |
| Server (Waiter/Waitress) | $22,020 | $36,070 | +64% in Miami |
| Operations Manager | $78,640 | $105,640 | +34% in Miami |
| Restaurant Cook | $28,120 | $36,920 | +31% in Miami |
| Firefighter | $59,100 | $75,710 | +28% in Miami |
| Accountant | $63,410 | $80,920 | +28% in Miami |
| Lawyer | $125,900 | $160,320 | +27% in Miami |
| Medical Assistant | $35,320 | $44,930 | +27% in Miami |
Frequently asked questions
Is Laredo or Miami cheaper to live in?
Laredo is about 31% cheaper overall. Rent is $1,110 a month there versus $2,538 in Miami.
What salary do I need in Miami to match $60,000 in Laredo?
About $78,767 a year gives the same standard of living in Miami.
Where do people earn more, Laredo or Miami?
The typical household earns $68,932 in Laredo and $67,365 in Miami, 2% more in Laredo.