Chesapeake, VA vs Laredo, TX
Cost of Living Comparison
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Equivalent Salary
$100,000 in Chesapeake, VA = $87,133 in Laredo, TX
Buying power is -12.9% lower in Laredo, TX
Median Rent
$1,523 vs $1,001
-34.3% lower in Laredo, TX
Median Income
$94,189 vs $63,264
-32.8% lower in Laredo, TX
Home Value
$359,100 vs $182,400
-49.2% lower in Laredo, TX
Price Level
100.7 vs 87.8
US avg = 100
Salary Needed for Median Rent
$60,900 vs $40,000
30% of gross income guideline
Rent as % of Income
19.4% vs 19.0%
Lower is more affordable