salaryLaredo is 17% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Providence to live the same way.
🏠 Rent per month
$1,110
$1,964
🛏️ 2-bedroom rent
$1,063
$1,603
💵 Families earn per year
$68,932
$73,466
🔑 Buying a house
$193,500
$362,200
📊 Overall prices (U.S. = 100)
87.0
101.8
🏛️ Property tax per year
$3,531
$4,418
⚡ Electric bill per month
$204
$126
👥 People living there
257,619
191,767
Commute to work
21.6 min
25 min
College degree
22%
34.6%
Own their home
64.1%
41.4%
Below poverty line
20.9%
20.7%
Unemployment
5.4%
8.2%
Bottom line
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
- Pick Providence for higher incomes, a more educated workforce, less poverty.
Pay for the same job
| Job | Laredo | Providence | Difference |
|---|---|---|---|
| Market Research Analyst | $47,220 | $83,960 | +78% in Providence |
| Plumber | $46,350 | $79,820 | +72% in Providence |
| Server (Waiter/Waitress) | $22,020 | $35,750 | +62% in Providence |
| Electrician | $46,140 | $73,980 | +60% in Providence |
| Computer Systems Analyst | $83,910 | $128,580 | +53% in Providence |
| Accountant | $63,410 | $95,020 | +50% in Providence |
| Carpenter | $41,540 | $61,910 | +49% in Providence |
| Elementary School Teacher | $61,310 | $86,720 | +41% in Providence |
Frequently asked questions
Is Laredo or Providence cheaper to live in?
Laredo is about 17% cheaper overall. Rent is $1,110 a month there versus $1,964 in Providence.
What salary do I need in Providence to match $60,000 in Laredo?
About $70,224 a year gives the same standard of living in Providence.
Where do people earn more, Laredo or Providence?
The typical household earns $68,932 in Laredo and $73,466 in Providence, 6% more in Providence.