Laredo is 13% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Raleigh to live the same way.
🏠 Rent per month
$1,110
$1,822
🛏️ 2-bedroom rent
$1,063
$1,658
💵 Families earn per year
$68,932
$92,099
🔑 Buying a house
$193,500
$415,800
📊 Overall prices (U.S. = 100)
87.0
98.2
🏛️ Property tax per year
$3,531
$3,048
⚡ Electric bill per month
$204
$133
👥 People living there
257,619
481,031
Commute to work
21.6 min
23 min
College degree
22%
54%
Own their home
64.1%
50.7%
Below poverty line
20.9%
11.9%
Unemployment
5.4%
4.4%
Bottom line
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
- Pick Raleigh for higher incomes, a more educated workforce, less poverty and 1 more.
Pay for the same job
| Job | Laredo | Raleigh | Difference |
|---|---|---|---|
| Market Research Analyst | $47,220 | $78,980 | +67% in Raleigh |
| Server (Waiter/Waitress) | $22,020 | $34,860 | +58% in Raleigh |
| Operations Manager | $78,640 | $114,940 | +46% in Raleigh |
| Civil Engineer | $76,620 | $101,440 | +32% in Raleigh |
| Medical Assistant | $35,320 | $46,160 | +31% in Raleigh |
| Plumber | $46,350 | $60,540 | +31% in Raleigh |
| Computer Systems Analyst | $83,910 | $108,480 | +29% in Raleigh |
| Accountant | $63,410 | $81,950 | +29% in Raleigh |
Frequently asked questions
Is Laredo or Raleigh cheaper to live in?
Laredo is about 13% cheaper overall. Rent is $1,110 a month there versus $1,822 in Raleigh.
What salary do I need in Raleigh to match $60,000 in Laredo?
About $67,729 a year gives the same standard of living in Raleigh.
Where do people earn more, Laredo or Raleigh?
The typical household earns $68,932 in Laredo and $92,099 in Raleigh, 25% more in Raleigh.