salaryLaredo is 18% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Philadelphia to live the same way.
🏠 Rent per month
$1,110
$1,814
🛏️ 2-bedroom rent
$1,063
$1,623
💵 Families earn per year
$68,932
$66,816
🔑 Buying a house
$193,500
$243,100
📊 Overall prices (U.S. = 100)
87.0
102.6
🏛️ Property tax per year
$3,531
$2,003
⚡ Electric bill per month
$204
$112
👥 People living there
257,619
1,579,706
Commute to work
21.6 min
31.7 min
College degree
22%
35.4%
Own their home
64.1%
51.8%
Below poverty line
20.9%
21.4%
Unemployment
5.4%
8.1%
Bottom line
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, higher incomes and 4 more.
- Pick Philadelphia for a more educated workforce.
Pay for the same job
| Job | Laredo | Philadelphia | Difference |
|---|---|---|---|
| Market Research Analyst | $47,220 | $79,420 | +68% in Philadelphia |
| Server (Waiter/Waitress) | $22,020 | $36,570 | +66% in Philadelphia |
| Electrician | $46,140 | $74,590 | +62% in Philadelphia |
| Plumber | $46,350 | $74,860 | +62% in Philadelphia |
| Operations Manager | $78,640 | $121,630 | +55% in Philadelphia |
| Carpenter | $41,540 | $61,780 | +49% in Philadelphia |
| Customer Service Representative | $34,420 | $47,070 | +37% in Philadelphia |
| Restaurant Cook | $28,120 | $38,270 | +36% in Philadelphia |
Frequently asked questions
Is Laredo or Philadelphia cheaper to live in?
Laredo is about 18% cheaper overall. Rent is $1,110 a month there versus $1,814 in Philadelphia.
What salary do I need in Philadelphia to match $60,000 in Laredo?
About $70,763 a year gives the same standard of living in Philadelphia.
Where do people earn more, Laredo or Philadelphia?
The typical household earns $68,932 in Laredo and $66,816 in Philadelphia, 3% more in Laredo.