Housing costs in Laredo?
A typical home costs
$194,800, which is 42.4% less expensive than the national average of
$338,100 and 34.5% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Laredo costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 28.0% cheaper than the state average of
$1,280.
Can I afford Laredo?
To live comfortably in Laredo Te Metro Area, Texas, a minimum annual income of
$37,440 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Laredo?
The cost of living in the Laredo, TX Metro Area is quite affordable when compared to the national average. According to recent figures, the median house value for this area is $194,800, which is far less than the US average of $338,100. Additionally, the cost of living index for Laredo is 81.7, which is significantly lower than the national score of 100. This means that living costs such as groceries, health care and other essential items are much more affordable in this area. Therefore, those looking for an affordable place to live should consider Laredo as a great option with plenty to offer and unbeatable affordability.