salaryLaredo is 15% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Spring Valley to live the same way.
🏠 Rent per month
$1,110
$1,889
🛏️ 2-bedroom rent
$1,063
$1,783
💵 Families earn per year
$68,932
$80,360
🔑 Buying a house
$193,500
$433,800
📊 Overall prices (U.S. = 100)
87.0
100.0
🏛️ Property tax per year
$3,531
$2,149
⚡ Electric bill per month
$204
$139
👥 People living there
257,619
219,187
Commute to work
21.6 min
22.5 min
College degree
22%
31.4%
Own their home
64.1%
50.5%
Below poverty line
20.9%
12.2%
Unemployment
5.4%
7.6%
Bottom line
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
- Pick Spring Valley for higher incomes, a more educated workforce, less poverty.
Frequently asked questions
Is Laredo or Spring Valley cheaper to live in?
Laredo is about 15% cheaper overall. Rent is $1,110 a month there versus $1,889 in Spring Valley.
What salary do I need in Spring Valley to match $60,000 in Laredo?
About $68,986 a year gives the same standard of living in Spring Valley.
Where do people earn more, Laredo or Spring Valley?
The typical household earns $68,932 in Laredo and $80,360 in Spring Valley, 14% more in Spring Valley.