What salary do you need to live in Laredo, TX?

The cost side of living in Laredo

Renters in Laredo pay a median $1,002 a month for two bedrooms. Size matters: one bedroom is $790, three bedrooms $1,227, so going from the smallest to the largest of the three adds $5,244 a year.

Homeowners in Laredo report a median home value of $189,900. That is only 3.0× the area's median household income of $63,058, a low ratio by national standards.

BEA's Regional Price Parity for the metro is 87.0, where 100 is the US average. In plain terms, the full basket of goods, services and housing costs 13.0% less than average, so $100,000 here buys roughly what $115,001 would at average US prices.

How much you need to earn in Laredo

For two bedrooms, $91,000 is where Laredo turns Comfortable. Below that, $46,000 marks the start of Okay and $21,000 the start of Tight; under $21,000 the score reads Stretched. Rent at the Comfortable line is 13% of gross pay.

Reaching Royal takes $249,000 — 2.7× the Comfortable line — because the last points come slowly once rent is already a small share.

How they were found: the same scoring function the calculator runs was evaluated at rising incomes until each cutoff was crossed, and the crossing rounded up to a whole $1,000.

What different incomes look like in Laredo

On $75,000, a one-bedroom scores 63 and a three-bedroom 56, both Okay; the extra bedrooms cost points but not a grade.

The two-bedroom column turns Comfortable at the $100,000 row. One row up, $75,000 scores 60.

Laredo compared with every US metro

Ranked against all 387 metros, Laredo sits 355th on overall price level and 287th on the two-bedroom rent median, counting from the most expensive. Its median home value ranks 323rd.

Houma-Bayou Cane-Thibodaux, LA ($1,003) and Scranton--Wilkes-Barre, PA ($999) bracket Laredo on two-bedroom rent.

Laredo vs. the rest of Texas

Compared with Texas as a whole, two-bedroom rent in Laredo is 28% lower ($1,002 vs. $1,395) and the median home is 33% lower ($189,900 vs. $283,800).

On statewide medians, a two-bedroom budget reaches Comfortable at $166,000 — above Laredo's $91,000 line.

If Laredo is on your list, McAllen-Edinburg-Mission, TX, Wichita Falls, TX, and El Paso, TX are the most similar Texas metros by two-bedroom rent and price level; the table shows where each turns Comfortable.

The median Laredo household

What about a typical local household? Census puts median household income here at $63,058, which grades Okay (55) for a two-bedroom at the median rent. That falls $27,942 short of the $91,000 Comfortable line, a reminder that the typical household here spends a larger share on housing than the Comfortable band allows. Statewide, the Texas median household ($78,476) grades Tight on the state's own medians. Keep in mind a household median often combines two incomes.

All figures are pre-tax estimates from public data, not financial advice.