salaryLaredo is 19% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Tempe to live the same way.
🏠 Rent per month
$1,110
$1,953
🛏️ 2-bedroom rent
$1,063
$1,899
💵 Families earn per year
$68,932
$85,917
🔑 Buying a house
$193,500
$455,400
📊 Overall prices (U.S. = 100)
87.0
103.3
🏛️ Property tax per year
$3,531
$2,175
⚡ Electric bill per month
$204
$146
👥 People living there
257,619
188,065
Commute to work
21.6 min
20.9 min
College degree
22%
50%
Own their home
64.1%
42.3%
Below poverty line
20.9%
15.8%
Unemployment
5.4%
5.5%
Bottom line
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
- Pick Tempe for higher incomes, shorter commutes, a more educated workforce and 1 more.
Pay for the same job
| Job | Laredo | Tempe | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $22,020 | $47,530 | +116% in Tempe |
| Market Research Analyst | $47,220 | $74,590 | +58% in Tempe |
| Carpenter | $41,540 | $60,320 | +45% in Tempe |
| Restaurant Cook | $28,120 | $39,170 | +39% in Tempe |
| Warehouse Worker | $32,480 | $44,950 | +38% in Tempe |
| Plumber | $46,350 | $63,750 | +38% in Tempe |
| Licensed Practical Nurse | $56,850 | $78,080 | +37% in Tempe |
| Customer Service Representative | $34,420 | $46,410 | +35% in Tempe |
Frequently asked questions
Is Laredo or Tempe cheaper to live in?
Laredo is about 19% cheaper overall. Rent is $1,110 a month there versus $1,953 in Tempe.
What salary do I need in Tempe to match $60,000 in Laredo?
About $71,288 a year gives the same standard of living in Tempe.
Where do people earn more, Laredo or Tempe?
The typical household earns $68,932 in Laredo and $85,917 in Tempe, 20% more in Tempe.