Laurel, MD Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
122
Laurel's Overall Cost Of Living
1.2x
Higher Than The National Average
92 out of 188
In Maryland
4,905 out of 6,412
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 120.

The standard of living in Laurel ranks as #4,907 most affordable out of the 6,418 places we measured in Maryland. By definition, that implies Laurel ranks as the #1,511 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 122 120 100
Services 120 111 100
Groceries 114 114 100
Health 93 84 100
Housing 132 151 100
Transportation 107 109 100
Utilities 115 108 100
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.

$281,500
Median Home Value
$1,611
Median Rent
$80,255
Median Income
Statistic Laurel Maryland United States
Median Home Value $281,500 $325,400 $229,800
Median Rent $1,611 $1,415 $1,096
Median Income $80,255 $87,063 $64,994
Home Value To Income 3.5x 3.7x 3.5x
Rent To Monthly Income 0.24x 0.2x 0.2x

Detailed Laurel Services Costs Vs. Maryland

Item Laurel Maryland
Shampoo $1.36 $1.06
Movie $13.92 $10.68
Bowling $19.57 $14.67

Detailed Laurel Groceries Costs Vs. Maryland

Item Laurel Maryland
Ground Beef $4.41 $4.22
Fried Chicken $1.8 $1.39
Milk $2.46 $2.05

Detailed Laurel Health Costs Vs. Maryland

Item Laurel Maryland
Haircut $30.9 $18.62
Beauty Salon $66.76 $39.05
Toothpaste $3.47 $2.34

Detailed Laurel Transportation Costs Vs. Maryland

Item Laurel Maryland
Potatoes $4.33 $3.29
Pizza $11.68 $10.62
Beer $10.08 $9.38
Optometrist $79.25 $108.57
Doctor $109.41 $116.17
Dentist $94.31 $99.13

Detailed Laurel Utilities Costs Vs. Maryland

Item Laurel Maryland
Gasoline $2.31 $2.22
Tire Balancing $53.69 $50.07
All Electricity $204.75 $167.67
Phone $184.51 $175.64

Laurel SnackAbility

7
/10
Overall SnackAbility
Jobs
8/10
Housing
9
Affordability
5
Diversity
10
Safety
N/A
Amenities
9.5
Education
8
Commute
3

Cost Of Living In Cities Around Laurel

City Population Cost Of Living Vs. Laurel
Olney, MD 35,350 150 1.2x
South Laurel, MD 27,593 130 1.1x
Ilchester, MD 26,873 133 1.1x
Fairland, MD 25,649 129 1.1x
North Laurel, MD 24,856 129 1.1x
Kemp Mill, MD 14,812 141 1.2x
Colesville, MD 14,397 140 1.1x
Burtonsville, MD 10,812 136 1.1x
Scaggsville, MD 9,948 156 1.3x
Chevy Chase, MD 9,801 204 1.7x

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