salaryLaredo is 19% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Phoenix to live the same way.
🏠 Rent per month
$1,110
$1,893
🛏️ 2-bedroom rent
$1,063
$1,729
💵 Families earn per year
$68,932
$87,717
🔑 Buying a house
$193,500
$420,700
📊 Overall prices (U.S. = 100)
87.0
103.3
🏛️ Property tax per year
$3,531
$1,850
⚡ Electric bill per month
$204
$181
👥 People living there
257,619
1,642,323
Commute to work
21.6 min
25.6 min
College degree
22%
33.6%
Own their home
64.1%
57.3%
Below poverty line
20.9%
13.7%
Unemployment
5.4%
5%
Bottom line
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
- Pick Phoenix for higher incomes, a more educated workforce, less poverty and 1 more.
Pay for the same job
| Job | Laredo | Phoenix | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $22,020 | $47,530 | +116% in Phoenix |
| Market Research Analyst | $47,220 | $74,590 | +58% in Phoenix |
| Carpenter | $41,540 | $60,320 | +45% in Phoenix |
| Restaurant Cook | $28,120 | $39,170 | +39% in Phoenix |
| Warehouse Worker | $32,480 | $44,950 | +38% in Phoenix |
| Plumber | $46,350 | $63,750 | +38% in Phoenix |
| Licensed Practical Nurse | $56,850 | $78,080 | +37% in Phoenix |
| Customer Service Representative | $34,420 | $46,410 | +35% in Phoenix |
Frequently asked questions
Is Laredo or Phoenix cheaper to live in?
Laredo is about 19% cheaper overall. Rent is $1,110 a month there versus $1,893 in Phoenix.
What salary do I need in Phoenix to match $60,000 in Laredo?
About $71,288 a year gives the same standard of living in Phoenix.
Where do people earn more, Laredo or Phoenix?
The typical household earns $68,932 in Laredo and $87,717 in Phoenix, 21% more in Phoenix.