CostIndexUSA

Lake Charles, LA vs Laredo, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableLA
Lake Charles
85.9
overall index
$1,150/mo rent
TX
Laredo
87
overall index
$1,275/mo rent

Lake Charles is slightly cheaper than Laredo — 1.3% lower overall cost of living.

To match an $80,000 salary in Lake Charles, you would need $81,000 in Laredo. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+15.3%
Lake Charles
51.8
Laredo
59.7
🛒 Groceries≈ Equal
Lake Charles
93.7
Laredo
93.8
🚗 Transportation+0.6%
Lake Charles
100.5
Laredo
101.1
🏥 Healthcare+0.6%
Lake Charles
90.9
Laredo
91.4
Utilities+12.4%
Lake Charles
71.7
Laredo
80.6

Salary Equivalency Calculator

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

$
Equivalent salary in Laredo, TX
$81,000
$1,000 more needed in Laredo

Formula: salary × (87 ÷ 85.9) = salary × 1.0128. Based on BEA Regional Price Parities.

Housing Market

Lake Charles, LA

Median Home Price
$190,000
Median Monthly Rent
$1,150
Housing Index
51.8
Price-to-Rent Ratio
13.8×

Laredo, TX

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

Laredo has 15.3% higher housing costs compared to Lake Charles.

Income & Job Market

Lake Charles, LA

Median Household Income
$65,100
Per Capita Income
$37,100
Unemployment Rate
4%
Population
77,403
Top Industries
EnergyPetrochemicalsHealthcareGamingManufacturing

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).

Lake Charles, LA
4.7×income-to-rent ratio

79% 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.