salaryLaredo is 15% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Paradise to live the same way.
🏠 Rent per month
$1,110
$1,532
🛏️ 2-bedroom rent
$1,063
$1,510
💵 Families earn per year
$68,932
$63,836
🔑 Buying a house
$193,500
$384,200
📊 Overall prices (U.S. = 100)
87.0
100.2
🏛️ Property tax per year
$3,531
$1,553
⚡ Electric bill per month
$204
$142
👥 People living there
257,619
185,913
Commute to work
21.6 min
23.2 min
College degree
22%
24.1%
Own their home
64.1%
41.9%
Below poverty line
20.9%
17.6%
Unemployment
5.4%
9.8%
Bottom line
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, higher incomes and 3 more.
- Pick Paradise for a more educated workforce, less poverty.
Pay for the same job
| Job | Laredo | Paradise | Difference |
|---|---|---|---|
| Market Research Analyst | $47,220 | $74,670 | +58% in Paradise |
| Electrician | $46,140 | $70,890 | +54% in Paradise |
| Carpenter | $41,540 | $62,380 | +50% in Paradise |
| Civil Engineer | $76,620 | $106,110 | +38% in Paradise |
| Restaurant Cook | $28,120 | $38,800 | +38% in Paradise |
| Registered Nurse | $77,050 | $103,940 | +35% in Paradise |
| Licensed Practical Nurse | $56,850 | $75,920 | +34% in Paradise |
| Dental Hygienist | $82,440 | $109,210 | +32% in Paradise |
Frequently asked questions
Is Laredo or Paradise cheaper to live in?
Laredo is about 15% cheaper overall. Rent is $1,110 a month there versus $1,532 in Paradise.
What salary do I need in Paradise to match $60,000 in Laredo?
About $69,149 a year gives the same standard of living in Paradise.
Where do people earn more, Laredo or Paradise?
The typical household earns $68,932 in Laredo and $63,836 in Paradise, 8% more in Laredo.