Laurel, MD Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2021-02-06
122
Laurel's Overall Cost Of Living
1.2x
Higher Than The National Average
88 out of 188
In Maryland
4,916 out of 6,399
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Laurel is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Laurel, MD?

According to the most recent data on the cost of living, Laurel has an overall cost of living index of 122 which is 1.2x higher than the national index of 100.

Compared to only Maryland, Laurel has a cost of living index that's 1.0x higher than Maryland's index of 121.

The standard of living in Laurel ranks as #4,919 most affordable out of the 6,522 places we measured in Maryland. By definition, that implies Laurel ranks as the #1,487 most expensive place in the Old Line State.

For more reading on life in Laurel, check out:

Laurel Cost Of Living Vs. Maryland

Living Expense Laurel Maryland National Average
Overall 122 121 100
Services 122 108 100
Groceries 116 119 100
Health 93 86 100
Housing 134 150 100
Transportation 108 108 100
Utilities 116 108 100
For more reading on cost of living around Maryland, check out:
Laurel Cost of Living Vs. MD

Laurel, MD Housing Cost Breakdown

Housing swings affordability the most between places in Maryland, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$269,000
Median Home Value
$1,566
Median Rent
$78,313
Median Income
Statistic Laurel Maryland United States
Median Home Value $269,000 $314,800 $217,500
Median Rent $1,566 $1,392 $1,062
Median Income $78,313 $84,805 $62,843
Home Value To Income 3.4x 3.7x 3.5x
Rent To Monthly Income 0.24x 0.2x 0.2x

Detailed Laurel Services Costs Vs. Maryland

Item Laurel Maryland
Shampoo $1.35 $1.01
Movie $13.92 $10.72
Bowling $20.61 $13.86

Detailed Laurel Groceries Costs Vs. Maryland

Item Laurel Maryland
Ground Beef $4.49 $3.9
Fried Chicken $1.76 $1.4
Milk $2.45 $1.96

Detailed Laurel Health Costs Vs. Maryland

Item Laurel Maryland
Haircut $23.96 $17.49
Beauty Salon $63.61 $38.17
Toothpaste $3.05 $2.32

Detailed Laurel Transportation Costs Vs. Maryland

Item Laurel Maryland
Potatoes $4.51 $3.18
Pizza $11.06 $10.39
Beer $10.26 $9.23
Optometrist $79.25 $106.34
Doctor $109.41 $115.25
Dentist $94.14 $98.38

Detailed Laurel Utilities Costs Vs. Maryland

Item Laurel Maryland
Gasoline $2.82 $2.59
Tire Balancing $53.69 $48.9
All Electricity $214.22 $167.6
Phone $181.68 $163.42

Laurel SnackAbility

8
/10
Overall SnackAbility
Jobs
8/10
Housing
9
Affordability
5
Diversity
9.5
Safety
4
Amenities
9.5
Education
8.5
Commute
3

Cost Of Living In Cities Around Laurel

City Population Cost Of Living Vs. Laurel
Olney, MD 35,191 149 1.2x
South Laurel, MD 28,683 130 1.1x
Ilchester, MD 26,974 132 1.1x
Fairland, MD 25,220 127 1.0x
North Laurel, MD 24,873 128 1.0x
Kemp Mill, MD 14,733 140 1.1x
Colesville, MD 13,992 140 1.1x
Burtonsville, MD 9,823 138 1.1x
Scaggsville, MD 9,751 154 1.3x
Chevy Chase, MD 9,622 202 1.7x

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