Laredo is 6% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in New Orleans to live the same way.
🏠 Rent per month
$1,110
$1,508
🛏️ 2-bedroom rent
$1,063
$1,391
💵 Families earn per year
$68,932
$61,077
🔑 Buying a house
$193,500
$315,700
📊 Overall prices (U.S. = 100)
87.0
92.6
🏛️ Property tax per year
$3,531
$2,606
⚡ Electric bill per month
$204
$196
👥 People living there
257,619
371,853
Commute to work
21.6 min
22.6 min
College degree
22%
42.4%
Own their home
64.1%
51.2%
Below poverty line
20.9%
22.6%
Unemployment
5.4%
7.5%
Bottom line
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, higher incomes and 4 more.
- Pick New Orleans for a more educated workforce.
Pay for the same job
| Job | Laredo | New Orleans | Difference |
|---|---|---|---|
| Civil Engineer | $76,620 | $108,240 | +41% in New Orleans |
| Police Officer | $81,690 | $48,970 | -40% in New Orleans |
| Market Research Analyst | $47,220 | $65,590 | +39% in New Orleans |
| Firefighter | $59,100 | $37,250 | -37% in New Orleans |
| Electrician | $46,140 | $62,490 | +35% in New Orleans |
| Plumber | $46,350 | $62,450 | +35% in New Orleans |
| Operations Manager | $78,640 | $105,110 | +34% in New Orleans |
| HVAC Technician | $48,450 | $63,500 | +31% in New Orleans |
Frequently asked questions
Is Laredo or New Orleans cheaper to live in?
Laredo is about 6% cheaper overall. Rent is $1,110 a month there versus $1,508 in New Orleans.
What salary do I need in New Orleans to match $60,000 in Laredo?
About $63,892 a year gives the same standard of living in New Orleans.
Where do people earn more, Laredo or New Orleans?
The typical household earns $68,932 in Laredo and $61,077 in New Orleans, 13% more in Laredo.