Laredo is 20% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Modesto to live the same way.
🏠 Rent per month
$1,110
$1,988
🛏️ 2-bedroom rent
$1,063
$1,761
💵 Families earn per year
$68,932
$86,162
🔑 Buying a house
$193,500
$442,700
📊 Overall prices (U.S. = 100)
87.0
104.1
🏛️ Property tax per year
$3,531
$2,835
⚡ Electric bill per month
$204
$166
👥 People living there
257,619
219,215
Commute to work
21.6 min
30.2 min
College degree
22%
21.2%
Own their home
64.1%
58.9%
Below poverty line
20.9%
13.3%
Unemployment
5.4%
7.2%
Bottom line
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, cheaper homes and 3 more.
- Pick Modesto for higher incomes, less poverty.
Pay for the same job
| Job | Laredo | Modesto | Difference |
|---|---|---|---|
| Carpenter | $41,540 | $73,730 | +77% in Modesto |
| Registered Nurse | $77,050 | $132,590 | +72% in Modesto |
| Electrician | $46,140 | $76,710 | +66% in Modesto |
| Elementary School Teacher | $61,310 | $101,640 | +66% in Modesto |
| Server (Waiter/Waitress) | $22,020 | $34,910 | +59% in Modesto |
| Market Research Analyst | $47,220 | $71,600 | +52% in Modesto |
| Dental Hygienist | $82,440 | $123,910 | +50% in Modesto |
| Restaurant Cook | $28,120 | $41,910 | +49% in Modesto |
Frequently asked questions
Is Laredo or Modesto cheaper to live in?
Laredo is about 20% cheaper overall. Rent is $1,110 a month there versus $1,988 in Modesto.
What salary do I need in Modesto to match $60,000 in Laredo?
About $71,835 a year gives the same standard of living in Modesto.
Where do people earn more, Laredo or Modesto?
The typical household earns $68,932 in Laredo and $86,162 in Modesto, 20% more in Modesto.