Salary Needed to Live in Laredo as a Single

A single adult living independently needs approximately $15,711/year to live comfortably in Laredo, TX — including 10% savings.

Comfortable Salary
$15,711
with 10% savings
Bare Minimum
$13,616
no savings buffer
Monthly Expenses
$851
22% below national avg

Detailed Monthly Budget for a Single in Laredo

ExpenseLaredoNat'l AvgDiff
🏠 Studio/1BR Rent$85$113-25%
🛒 Groceries$18$17+6%
⚡ Utilities$9$14-36%
🚗 Transportation$18$26-31%
🛡️ Car Insurance$153$223-31%
🏥 Health Insurance$40$56-29%
Internet$53$65-18%
Phone$70$85-18%
Dining & Social$246$300-18%
Entertainment$98$120-18%
Personal Care$61$75-19%
Total Monthly$851$1,094-22%

How We Calculated the Salary

Monthly expenses:$851
Target savings (10%):$109/mo
Monthly after-tax needed:$960
Effective tax rate:25%

Gross annual salary needed:$15,711

Other Household Types in Laredo

Couple (No Kids)
$21,924/yr
$1,151/mo expenses
Family with Kids
$47,080/yr
$2,354/mo expenses
Retiree
$16,337/yr
$953/mo expenses

Related Pages

Living Alone in LaredoCity OverviewAfford on $75K?Afford on $100K?Cost of Living

FAQ

What salary does a single person need in Laredo?
A single person needs approximately $15,711/year ($1,309/month gross) to live comfortably in Laredo with a 10% savings rate.
How much is rent for a single person in Laredo?
A studio/1br in Laredo costs approximately $85/month, which is the largest single expense at 10% of the total budget.
Is Laredo affordable for a single person?
Yes, Laredo is 22% more affordable than the national average for a single person.
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