salaryLaredo is 4% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Sioux Falls to live the same way.
🏠 Rent per month
$1,110
$1,314
🛏️ 2-bedroom rent
$1,063
$1,172
💵 Families earn per year
$68,932
$81,934
🔑 Buying a house
$193,500
$292,400
📊 Overall prices (U.S. = 100)
87.0
90.6
🏛️ Property tax per year
$3,531
$3,389
⚡ Electric bill per month
$204
$105
👥 People living there
257,619
201,469
Commute to work
21.6 min
17 min
College degree
22%
38.1%
Own their home
64.1%
59.5%
Below poverty line
20.9%
9.6%
Unemployment
5.4%
2.5%
Bottom line
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, cheaper homes.
- Pick Sioux Falls for higher incomes, shorter commutes, a more educated workforce and 2 more.
Pay for the same job
| Job | Laredo | Sioux Falls | Difference |
|---|---|---|---|
| Operations Manager | $78,640 | $142,730 | +81% in Sioux Falls |
| Market Research Analyst | $47,220 | $66,060 | +40% in Sioux Falls |
| Warehouse Worker | $32,480 | $44,420 | +37% in Sioux Falls |
| Server (Waiter/Waitress) | $22,020 | $29,920 | +36% in Sioux Falls |
| Electrician | $46,140 | $61,470 | +33% in Sioux Falls |
| Restaurant Cook | $28,120 | $37,310 | +33% in Sioux Falls |
| Civil Engineer | $76,620 | $99,700 | +30% in Sioux Falls |
| HVAC Technician | $48,450 | $62,440 | +29% in Sioux Falls |
Frequently asked questions
Is Laredo or Sioux Falls cheaper to live in?
Laredo is about 4% cheaper overall. Rent is $1,110 a month there versus $1,314 in Sioux Falls.
What salary do I need in Sioux Falls to match $60,000 in Laredo?
About $62,536 a year gives the same standard of living in Sioux Falls.
Where do people earn more, Laredo or Sioux Falls?
The typical household earns $68,932 in Laredo and $81,934 in Sioux Falls, 16% more in Sioux Falls.