salaryLaredo is 13% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Norfolk to live the same way.
🏠 Rent per month
$1,110
$1,628
🛏️ 2-bedroom rent
$1,063
$1,322
💵 Families earn per year
$68,932
$71,299
🔑 Buying a house
$193,500
$289,900
📊 Overall prices (U.S. = 100)
87.0
97.9
🏛️ Property tax per year
$3,531
$2,890
⚡ Electric bill per month
$204
$147
👥 People living there
257,619
233,596
Commute to work
21.6 min
23 min
College degree
22%
33.5%
Own their home
64.1%
46.3%
Below poverty line
20.9%
16.5%
Unemployment
5.4%
5.7%
Bottom line
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
- Pick Norfolk for higher incomes, a more educated workforce, less poverty.
Pay for the same job
| Job | Laredo | Norfolk | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $22,020 | $39,020 | +77% in Norfolk |
| Market Research Analyst | $47,220 | $69,560 | +47% in Norfolk |
| Electrician | $46,140 | $62,350 | +35% in Norfolk |
| Plumber | $46,350 | $61,870 | +33% in Norfolk |
| Restaurant Cook | $28,120 | $36,280 | +29% in Norfolk |
| Operations Manager | $78,640 | $100,340 | +28% in Norfolk |
| Police Officer | $81,690 | $59,690 | -27% in Norfolk |
| Accountant | $63,410 | $79,450 | +25% in Norfolk |
Frequently asked questions
Is Laredo or Norfolk cheaper to live in?
Laredo is about 13% cheaper overall. Rent is $1,110 a month there versus $1,628 in Norfolk.
What salary do I need in Norfolk to match $60,000 in Laredo?
About $67,580 a year gives the same standard of living in Norfolk.
Where do people earn more, Laredo or Norfolk?
The typical household earns $68,932 in Laredo and $71,299 in Norfolk, 3% more in Norfolk.