CostIndexUSA

Grand Junction, CO vs Laredo, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CO
Grand Junction
95.5
overall index
$1,725/mo rent
More AffordableTX
Laredo
87
overall index
$1,275/mo rent

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

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

Category Breakdown

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

🏠 Housing30.9%
Grand Junction
86.4
Laredo
59.7
🛒 Groceries2.4%
Grand Junction
96.1
Laredo
93.8
🚗 Transportation3.5%
Grand Junction
104.8
Laredo
101.1
🏥 Healthcare3.6%
Grand Junction
94.8
Laredo
91.4
Utilities3.2%
Grand Junction
83.3
Laredo
80.6

Salary Equivalency Calculator

Enter your current salary in Grand Junction 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

Grand Junction, CO

Median Home Price
$418,000
Median Monthly Rent
$1,725
Housing Index
86.4
Price-to-Rent Ratio
20.2×

Laredo, TX

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

Grand Junction has 30.9% lower housing costs compared to Laredo.

Income & Job Market

Grand Junction, CO

Median Household Income
$64,700
Per Capita Income
$36,900
Unemployment Rate
4.4%
Population
64,785
Top Industries
EnergyHealthcareAgricultureRetailGovernment

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).

Grand Junction, CO
3.1×income-to-rent ratio

68% 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.