CostIndexUSA

Laredo, TX vs Milwaukee, WI Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableTX
Laredo
87
overall index
$1,275/mo rent
WI
Milwaukee
96.9
overall index
$1,450/mo rent

Laredo is moderately cheaper than Milwaukee — 11.4% lower overall cost of living.

To match an $80,000 salary in Laredo, you would need $89,100 in Milwaukee. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+62.6%
Laredo
59.7
Milwaukee
97.1
🛒 Groceries≈ Equal
Laredo
93.8
Milwaukee
93.8
🚗 Transportation+3.3%
Laredo
101.1
Milwaukee
104.4
🏥 Healthcare+3.3%
Laredo
91.4
Milwaukee
94.4
Utilities+13.6%
Laredo
80.6
Milwaukee
91.6

Salary Equivalency Calculator

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

$
Equivalent salary in Milwaukee, WI
$89,100
$9,100 more needed in Milwaukee

Formula: salary × (96.9 ÷ 87) = salary × 1.1138. Based on BEA Regional Price Parities.

Housing Market

Laredo, TX

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

Milwaukee, WI

Median Home Price
$363,000
Median Monthly Rent
$1,450
Housing Index
97.1
Price-to-Rent Ratio
20.9×

Milwaukee has 62.6% higher housing costs compared to Laredo.

Income & Job Market

Laredo, TX

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

Milwaukee, WI

Median Household Income
$77,000
Per Capita Income
$43,900
Unemployment Rate
3.1%
Population
577,222
Top Industries
ManufacturingHealthcareFinanceEducationRetail

Affordability at a Glance

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

Laredo, TX
3.9×income-to-rent ratio

75% of income left after rent (median)

Milwaukee, WI
4.4×income-to-rent ratio

77% 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.