Laredo is 19% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Plano to live the same way.
🏠 Rent per month
$1,110
$2,010
🛏️ 2-bedroom rent
$1,063
$2,058
💵 Families earn per year
$68,932
$121,065
🔑 Buying a house
$193,500
$465,900
📊 Overall prices (U.S. = 100)
87.0
103.1
🏛️ Property tax per year
$3,531
$6,700
⚡ Electric bill per month
$204
$176
👥 People living there
257,619
290,594
Commute to work
21.6 min
25.4 min
College degree
22%
60.5%
Own their home
64.1%
56.9%
Below poverty line
20.9%
6.8%
Unemployment
5.4%
4%
Bottom line
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
- Pick Plano for higher incomes, a more educated workforce, less poverty and 1 more.
Pay for the same job
| Job | Laredo | Plano | Difference |
|---|---|---|---|
| Market Research Analyst | $47,220 | $75,240 | +59% in Plano |
| Computer Systems Analyst | $83,910 | $122,520 | +46% in Plano |
| Operations Manager | $78,640 | $111,010 | +41% in Plano |
| Lawyer | $125,900 | $168,510 | +34% in Plano |
| Plumber | $46,350 | $61,250 | +32% in Plano |
| Registered Nurse | $77,050 | $101,420 | +32% in Plano |
| Customer Service Representative | $34,420 | $44,990 | +31% in Plano |
| Accountant | $63,410 | $82,620 | +30% in Plano |
Frequently asked questions
Is Laredo or Plano cheaper to live in?
Laredo is about 19% cheaper overall. Rent is $1,110 a month there versus $2,010 in Plano.
What salary do I need in Plano to match $60,000 in Laredo?
About $71,133 a year gives the same standard of living in Plano.
Where do people earn more, Laredo or Plano?
The typical household earns $68,932 in Laredo and $121,065 in Plano, 43% more in Plano.