salaryLaredo is 5% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Toledo to live the same way.
🏠 Rent per month
$1,110
$994
🛏️ 2-bedroom rent
$1,063
$1,028
💵 Families earn per year
$68,932
$53,627
🔑 Buying a house
$193,500
$114,500
📊 Overall prices (U.S. = 100)
87.0
91.5
🏛️ Property tax per year
$3,531
$1,849
⚡ Electric bill per month
$204
$107
👥 People living there
257,619
267,463
Commute to work
21.6 min
19.8 min
College degree
22%
21.9%
Own their home
64.1%
53.3%
Below poverty line
20.9%
24.3%
Unemployment
5.4%
7.7%
Bottom line
- Pick Laredo for higher incomes, a more educated workforce, less poverty and 1 more.
- Pick Toledo for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
Pay for the same job
| Job | Laredo | Toledo | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $22,020 | $36,140 | +64% in Toledo |
| Electrician | $46,140 | $74,710 | +62% in Toledo |
| Carpenter | $41,540 | $61,070 | +47% in Toledo |
| Plumber | $46,350 | $66,920 | +44% in Toledo |
| Market Research Analyst | $47,220 | $62,950 | +33% in Toledo |
| Warehouse Worker | $32,480 | $42,640 | +31% in Toledo |
| HVAC Technician | $48,450 | $62,460 | +29% in Toledo |
| Restaurant Cook | $28,120 | $35,560 | +26% in Toledo |
Frequently asked questions
Is Laredo or Toledo cheaper to live in?
Laredo is about 5% cheaper overall. Rent is $1,110 a month there versus $994 in Toledo.
What salary do I need in Toledo to match $60,000 in Laredo?
About $63,104 a year gives the same standard of living in Toledo.
Where do people earn more, Laredo or Toledo?
The typical household earns $68,932 in Laredo and $53,627 in Toledo, 29% more in Laredo.