SalaryCompareTool

Laredo, TX vs Chicago, IL

Moving from Laredo to Chicago? Here's what changes — from your equivalent salary to housing ($218,391 → $353,998 median home) and taxes.

Laredo vs Chicago at a glance

Bars scaled to the range across all 200 metros; labels show actual values.

Laredo, TX Chicago, IL Cost-of-living index Laredo, TX — Cost-of-living index: 88 88 Chicago, IL — Cost-of-living index: 102 102 Median home price Laredo, TX — Median home price: $218k $218k Chicago, IL — Median home price: $354k $354k Price per sqft Laredo, TX — Price per sqft: $104 $104 Chicago, IL — Price per sqft: $208 $208 Median rent Laredo, TX — Median rent: $1,369 $1,369 Chicago, IL — Median rent: $2,266 $2,266 Combined sales tax Laredo, TX — Combined sales tax: 8.2% 8.2% Chicago, IL — Combined sales tax: 8.9% 8.9% Property tax rate Laredo, TX — Property tax rate: 2.00% 2.00% Chicago, IL — Property tax rate: 2.11% 2.11% Violent crime /100k Laredo, TX — Violent crime /100k: 430 430 Chicago, IL — Violent crime /100k: 430 430 Electricity ¢/kWh Laredo, TX — Electricity ¢/kWh: 17.0 17.0 Chicago, IL — Electricity ¢/kWh: 20.5 20.5 Avg commute (min) Laredo, TX — Avg commute (min): 22 22 Chicago, IL — Avg commute (min): 31 31 Avg summer high °F Laredo, TX — Avg summer high °F: 96° 96° Chicago, IL — Avg summer high °F: 85° 85° Avg winter low °F Laredo, TX — Avg winter low °F: 38° 38° Chicago, IL — Avg winter low °F: 15° 15°

To keep the same standard of living as $100,000 in Laredo, TX, you'd need about $116,038 in Chicago, IL (+$16,038).

Livability — Laredo, TX: 76 · Chicago, IL: 63 (0–100).

What your home budget buys

A $500,000 home budget gets you about 4,808 sqft in Laredo vs 2,402 sqft in Chicago ($104 vs $208 per sqft).

Annual cost breakdown (at $100,000)

CategoryLaredo, TXChicago, ILDifference
Housing $16,428 $27,192 +$10,764
Groceries $4,647 $5,215 +$569
Transportation $3,675 $3,550 −$125
Utilities $1,836 $2,208 +$372
Insurance $3,600 $1,900 −$1,700
Taxes $6,086 $14,141 +$8,055
Total $36,272 $54,206 +$17,935

Side by side

MetricLaredo, TXChicago, IL
Cost-of-living index88.3102.5
Unemployment rate5.93%6.19%
Population growth (5-yr)-0.9%0.2%
Air quality (median AQI)4242
Big Mac price (est.)$5.03$5.83
Median home price$218,391$353,998
Home price ÷ income3.6×4.2×
1-yr home appreciation2.9%4.4%
Price per square foot$104$208
Median rent$1,369$2,266
Total tax burden (% income)8.6%12.9%
Combined sales tax8.20%8.86%
Capital gains taxNone4.95%
Property tax rate2.00%2.11%
Healthcare (annual)$6,800$6,800
Childcare (annual, infant)$9,500$14,000
Vehicle property taxNoneNone
Avg commute (min)2231
Home insurance / yr$3,600$1,900
Auto insurance / yr$2,100$1,600
Flood insurance / yr$900$700
Earthquake insurance / yr$100$300
Electricity ¢/kWh17.020.5
Gas $/gal3.003.60
Natural gas / mo$52$82
Water & sewer / mo$134$57
Home internet / mo$83$77
Violent crime /100k430430
Avg summer high °F9685
Avg winter low °F3815
Annual precipitation (in)32.440.9
Annual snowfall (in)0.238.8
Sunshine (% possible)67%54%
Permit difficulty (1–5)24

Ad · affiliate links