Laredo is 21% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Portland to live the same way.
🏠 Rent per month
$1,110
$1,874
🛏️ 2-bedroom rent
$1,063
$1,915
💵 Families earn per year
$68,932
$98,056
🔑 Buying a house
$193,500
$581,500
📊 Overall prices (U.S. = 100)
87.0
105.4
🏛️ Property tax per year
$3,531
$5,743
⚡ Electric bill per month
$204
$106
👥 People living there
257,619
641,165
Commute to work
21.6 min
24.1 min
College degree
22%
53.8%
Own their home
64.1%
52%
Below poverty line
20.9%
12.7%
Unemployment
5.4%
5.8%
Bottom line
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
- Pick Portland for higher incomes, a more educated workforce, less poverty.
Pay for the same job
| Job | Laredo | Portland | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $22,020 | $54,780 | +149% in Portland |
| Electrician | $46,140 | $105,090 | +128% in Portland |
| Plumber | $46,350 | $101,010 | +118% in Portland |
| Market Research Analyst | $47,220 | $85,350 | +81% in Portland |
| Carpenter | $41,540 | $73,710 | +77% in Portland |
| Registered Nurse | $77,050 | $130,310 | +69% in Portland |
| Restaurant Cook | $28,120 | $45,200 | +61% in Portland |
| Medical Assistant | $35,320 | $56,240 | +59% in Portland |
Frequently asked questions
Is Laredo or Portland cheaper to live in?
Laredo is about 21% cheaper overall. Rent is $1,110 a month there versus $1,874 in Portland.
What salary do I need in Portland to match $60,000 in Laredo?
About $72,741 a year gives the same standard of living in Portland.
Where do people earn more, Laredo or Portland?
The typical household earns $68,932 in Laredo and $98,056 in Portland, 30% more in Portland.