El Paso, TX vs Laredo, TX
Cost of Living Comparison
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Equivalent Salary
$100,000 in El Paso, TX = $97,280 in Laredo, TX
Buying power is -2.7% lower in Laredo, TX
Median Rent
$1,041 vs $1,001
-3.8% lower in Laredo, TX
Median Income
$58,734 vs $63,264
7.7% higher in Laredo, TX
Home Value
$171,700 vs $182,400
6.2% higher in Laredo, TX
Price Level
90.2 vs 87.8
US avg = 100
Salary Needed for Median Rent
$41,600 vs $40,000
30% of gross income guideline
Rent as % of Income
21.3% vs 19.0%
Lower is more affordable