Housing costs in Laredo?
A typical home costs
$154,900, which is 54.2% less expensive than the national average of
$338,100 and 48.0% 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 78043), Texas, a minimum annual income of
$29,520 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Laredo?
Living in 78043 Laredo, TX is relatively affordable. The cost of living index is 83.9, which is 17.1 points lower than the national average. This means that residents can expect to pay lower prices for goods and services than most other parts of the country. Housing costs are especially low, with a median home value of $113,300 compared to the national median of $226,800. Transportation and utilities also tend to be inexpensive in this area. All these factors make Laredo an ideal place for those looking for an affordable place to live with low cost of living expenses.