Housing costs in Laredo?
A typical home costs
$175,000, which is 48.2% less expensive than the national average of
$338,100 and 41.2% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Laredo costs
$980 per month, which is 23.4% cheaper than the national average of
$1,280 and 2.0% cheaper than the state average of
$1,000.
Can I afford Laredo?
To live comfortably in Laredo (zip 78046), Texas, a minimum annual income of
$33,480 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Laredo?
Living in 78046 Laredo, TX is quite affordable. According to BestPlaces, the city has a cost of living index of 63.42, which is significantly lower than the US average of 100. Renters can find an average one-bedroom apartment for approximately $500/month, while homeowners can expect to pay around $110,000 for a median-priced home. On top of that, groceries and other basic goods can be procured at relatively low prices as well. Residents of 78046 Laredo, TX can also take advantage of affordable entertainment options such as movie theaters and bowling alleys in the area. All in all, living in 78046 Laredo, TX presents a great value proposition for people looking to save money on their cost of living expenses.