Laredo vs Philadelphia-Camden-Wilmington
Cost of living comparison based on BEA Regional Price Parities. Philadelphia-Camden-Wilmington is 17.9% more expensive than Laredo.
What This Comparison Actually Tells You
The Bureau of Economic Analysis indexes Laredo, TX at an overall Regional Price Parity of 87.0 and Philadelphia-Camden-Wilmington, PA-NJ-DE-MD at 102.6, using the U.S. national average of 100 as the reference point. That puts Philadelphia-Camden-Wilmington 17.9% more expensive than Laredo on a blended basket of goods, services, and rents. The raw index gap of 15.6 points matters more than the headline comparison because it flows directly into salary-equivalent math that families use for relocation, job offers, and remote-work arbitrage decisions.
Inside the breakdown, Laredo indexes goods at 93.8, services at 80.6, and rents at 59.7, while Philadelphia-Camden-Wilmington comes in at 96.8, 114.4, and 113.1 on the same three categories. The rent line carries the largest weight in the BEA methodology, so a metro with a higher rent index almost always ends up more expensive overall — Philadelphia-Camden-Wilmington carries the heavier rent load here, and that tends to dominate household budget experience on the ground.
In salary terms, a $100,000 income in Laredo has the same purchasing power as $117,938 in Philadelphia-Camden-Wilmington based on these indexes. The two metros serve populations of roughly 267,731 (Laredo) and 6,241,882 (Philadelphia-Camden-Wilmington), and median household incomes are $62,506 versus $89,273 respectively — so the right way to read this comparison is never the index alone, but the ratio of your expected local salary to the rent and services mix. For any serious relocation or remote-work decision, pair this BEA comparison with BLS occupation-specific wage data, HUD Fair Market Rent tables, and state tax treatment before committing.
Category Breakdown
| Category | Laredo | Philadelphia-Camden-Wilmington | Difference |
|---|---|---|---|
| Overall | 87.0 | 102.6 | +15.6 |
| Goods | 93.8 | 96.8 | +3.1 |
| Services | 80.6 | 114.4 | +33.8 |
| Rents | 59.7 | 113.1 | +53.4 |
Visual Comparison
Vertical line = national average (100)
Salary Equivalents
What a salary in Laredo would need to be in Philadelphia-Camden-Wilmington for the same purchasing power:
| In Laredo | In Philadelphia-Camden-Wilmington | Difference |
|---|---|---|
| $50,000 | $58,969 | +$8,969 |
| $75,000 | $88,453 | +$13,453 |
| $100,000 | $117,938 | +$17,938 |
| $150,000 | $176,907 | +$26,907 |
Use the salary calculator for custom amounts.
Metro Context
| Metric | Laredo | Philadelphia-Camden-Wilmington |
|---|---|---|
| Population | 267,731 | 6,241,882 |
| Median Income | $62,506 | $89,273 |
| Data Year | 2024 | 2024 |
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Frequently Asked Questions
Is Philadelphia-Camden-Wilmington more expensive than Laredo? ▼
What salary in Philadelphia-Camden-Wilmington equals $100K in Laredo? ▼
How do rents compare between Laredo and Philadelphia-Camden-Wilmington? ▼
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Source: Bureau of Economic Analysis, Regional Price Parities (2024). Index where national average = 100.