Housing costs in Laredo?
A typical home costs
$212,600, which is 37.1% less expensive than the national average of
$338,100 and 28.6% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Laredo costs
$1,010 per month, which is 21.1% cheaper than the national average of
$1,280 and close to the state average of
$1,000.
Can I afford Laredo?
To live comfortably in Laredo (zip 78041), Texas, a minimum annual income of
$40,680 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Laredo?
The cost of living in 78041 Laredo, TX is generally very affordable. The median home value in the area is $90,900, which is much lower than the national median home value of $184,700. Additionally, monthly rent for a one-bedroom apartment averages around $504, which makes it a great option for those looking to save on housing costs. Groceries are also reasonable in this area with an average food spending of around $385 per month. Other essentials such as utilities tend to cost a little bit more than other cities with an average of $266 on utilities each month. All in all, the cost of living in 78041 Laredo, TX can be quite budget friendly.