CostIndexUSA

Charlotte, NC vs Laredo, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NC
Charlotte
97.3
overall index
$1,700/mo rent
More AffordableTX
Laredo
87
overall index
$1,275/mo rent

Laredo is moderately cheaper than Charlotte — 10.6% lower overall cost of living.

To match an $80,000 salary in Charlotte, you would need $71,500 in Laredo. Calculate your salary ↓

Category Breakdown

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

🏠 Housing38.8%
Charlotte
97.6
Laredo
59.7
🛒 Groceries2.9%
Charlotte
96.6
Laredo
93.8
🚗 Transportation1.9%
Charlotte
103.1
Laredo
101.1
🏥 Healthcare2.0%
Charlotte
93.3
Laredo
91.4
Utilities9.6%
Charlotte
89.2
Laredo
80.6

Salary Equivalency Calculator

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

$
Equivalent salary in Laredo, TX
$71,500
$8,500 less needed in Laredo

Formula: salary × (87 ÷ 97.3) = salary × 0.8941. Based on BEA Regional Price Parities.

Housing Market

Charlotte, NC

Median Home Price
$380,000
Median Monthly Rent
$1,700
Housing Index
97.6
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×

Charlotte has 38.8% lower housing costs compared to Laredo.

Income & Job Market

Charlotte, NC

Median Household Income
$81,300
Per Capita Income
$46,300
Unemployment Rate
3.6%
Population
879,709
Top Industries
FinanceHealthcareManufacturingTechnologyEnergy

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).

Charlotte, NC
4.0×income-to-rent ratio

75% 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.