CostIndexUSA

Albuquerque, NM vs Laredo, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NM
Albuquerque
95.5
overall index
$1,525/mo rent
More AffordableTX
Laredo
87
overall index
$1,275/mo rent

Laredo is moderately cheaper than Albuquerque — 8.9% lower overall cost of living.

To match an $80,000 salary in Albuquerque, you would need $72,900 in Laredo. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing33.1%
Albuquerque
89.2
Laredo
59.7
🛒 Groceries2.4%
Albuquerque
96.1
Laredo
93.8
🚗 Transportation2.3%
Albuquerque
103.5
Laredo
101.1
🏥 Healthcare2.4%
Albuquerque
93.6
Laredo
91.4
Utilities+3.5%
Albuquerque
77.9
Laredo
80.6

Salary Equivalency Calculator

Enter your current salary in Albuquerque to see what you'd need to earn in Laredo to maintain the same purchasing power.

$
Equivalent salary in Laredo, TX
$72,900
$7,100 less needed in Laredo

Formula: salary × (87 ÷ 95.5) = salary × 0.9110. Based on BEA Regional Price Parities.

Housing Market

Albuquerque, NM

Median Home Price
$340,000
Median Monthly Rent
$1,525
Housing Index
89.2
Price-to-Rent Ratio
18.6×

Laredo, TX

Median Home Price
$213,000
Median Monthly Rent
$1,275
Housing Index
59.7
Price-to-Rent Ratio
13.9×

Albuquerque has 33.1% lower housing costs compared to Laredo.

Income & Job Market

Albuquerque, NM

Median Household Income
$67,600
Per Capita Income
$38,500
Unemployment Rate
4.5%
Population
564,559
Top Industries
GovernmentHealthcareEducationMilitaryTechnology

Laredo, TX

Median Household Income
$60,200
Per Capita Income
$34,300
Unemployment Rate
4.5%
Population
261,639
Top Industries
International TradeHealthcareGovernmentRetailManufacturing

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Albuquerque, NM
3.7×income-to-rent ratio

73% of income left after rent (median)

Laredo, TX
3.9×income-to-rent ratio

75% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.