Laredo is 16% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Salt Lake City to live the same way.
🏠 Rent per month
$1,110
$1,608
🛏️ 2-bedroom rent
$1,063
$1,657
💵 Families earn per year
$68,932
$80,985
🔑 Buying a house
$193,500
$539,500
📊 Overall prices (U.S. = 100)
87.0
100.9
🏛️ Property tax per year
$3,531
$2,729
⚡ Electric bill per month
$204
$77
👥 People living there
257,619
208,007
Commute to work
21.6 min
19.5 min
College degree
22%
51.5%
Own their home
64.1%
45.8%
Below poverty line
20.9%
13.6%
Unemployment
5.4%
4.2%
Bottom line
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, cheaper homes.
- Pick Salt Lake City for higher incomes, shorter commutes, a more educated workforce and 2 more.
Pay for the same job
| Job | Laredo | Salt Lake City | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $22,020 | $32,320 | +47% in Salt Lake City |
| Carpenter | $41,540 | $59,870 | +44% in Salt Lake City |
| Plumber | $46,350 | $64,800 | +40% in Salt Lake City |
| Market Research Analyst | $47,220 | $64,670 | +37% in Salt Lake City |
| Warehouse Worker | $32,480 | $44,190 | +36% in Salt Lake City |
| Electrician | $46,140 | $62,620 | +36% in Salt Lake City |
| Customer Service Representative | $34,420 | $45,410 | +32% in Salt Lake City |
| Operations Manager | $78,640 | $103,710 | +32% in Salt Lake City |
Frequently asked questions
Is Laredo or Salt Lake City cheaper to live in?
Laredo is about 16% cheaper overall. Rent is $1,110 a month there versus $1,608 in Salt Lake City.
What salary do I need in Salt Lake City to match $60,000 in Laredo?
About $69,599 a year gives the same standard of living in Salt Lake City.
Where do people earn more, Laredo or Salt Lake City?
The typical household earns $68,932 in Laredo and $80,985 in Salt Lake City, 15% more in Salt Lake City.