Laredo is 29% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in New York to live the same way.
🏠 Rent per month
$1,110
$2,806
🛏️ 2-bedroom rent
$1,063
$2,016
💵 Families earn per year
$68,932
$86,801
🔑 Buying a house
$193,500
$777,600
📊 Overall prices (U.S. = 100)
87.0
112.6
🏛️ Property tax per year
$3,531
$6,547
⚡ Electric bill per month
$204
$132
👥 People living there
257,619
8,483,844
Commute to work
21.6 min
40.3 min
College degree
22%
41.6%
Own their home
64.1%
32.8%
Below poverty line
20.9%
17.9%
Unemployment
5.4%
8%
Bottom line
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
- Pick New York for higher incomes, a more educated workforce, less poverty.
Pay for the same job
| Job | Laredo | New York | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $22,020 | $47,610 | +116% in New York |
| Market Research Analyst | $47,220 | $100,520 | +113% in New York |
| Operations Manager | $78,640 | $157,000 | +100% in New York |
| Firefighter | $59,100 | $106,420 | +80% in New York |
| Carpenter | $41,540 | $74,300 | +79% in New York |
| Electrician | $46,140 | $79,020 | +71% in New York |
| Plumber | $46,350 | $78,610 | +70% in New York |
| Accountant | $63,410 | $105,650 | +67% in New York |
Frequently asked questions
Is Laredo or New York cheaper to live in?
Laredo is about 29% cheaper overall. Rent is $1,110 a month there versus $2,806 in New York.
What salary do I need in New York to match $60,000 in Laredo?
About $77,669 a year gives the same standard of living in New York.
Where do people earn more, Laredo or New York?
The typical household earns $68,932 in Laredo and $86,801 in New York, 21% more in New York.