According to the most recent data on the cost of living, Laurel has an overall cost of living index of 81 which is 0.8x lower than the national index of 100.
Compared to only Mississippi, Laurel has a cost of living index that's 1.0x lower than Mississippi's index of 82.
The standard of living in Laurel ranks as #290 most affordable out of the 6,418 places we measured in Mississippi. By definition, that implies Laurel ranks as the #6,129 most expensive place in the Magnolia State.
Living Expense | Laurel | Mississippi | National Average | |
---|---|---|---|---|
Overall | 81 | 82 | 100 | |
Services | 94 | 95 | 100 | |
Groceries | 101 | 94 | 100 | |
Health | 89 | 90 | 100 | |
Housing | 47 | 64 | 100 | |
Transportation | 91 | 89 | 100 | |
Utilities | 93 | 97 | 100 |
Housing swings affordability the most between places in Mississippi, 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.
Statistic | Laurel | Mississippi | United States |
---|---|---|---|
Median Home Value | $93,200 | $125,500 | $229,800 |
Median Rent | $703 | $789 | $1,096 |
Median Income | $34,114 | $46,511 | $64,994 |
Home Value To Income | 2.7x | 2.7x | 3.5x |
Rent To Monthly Income | 0.25x | 0.2x | 0.2x |
Item | Laurel | Mississippi |
---|---|---|
Shampoo | $1.21 | $1.06 |
Movie | $11.11 | $10.68 |
Bowling | $15.5 | $14.67 |
Item | Laurel | Mississippi |
---|---|---|
Ground Beef | $4.02 | $4.22 |
Fried Chicken | $1.3 | $1.39 |
Milk | $2.37 | $2.05 |
Item | Laurel | Mississippi |
---|---|---|
Haircut | $18.72 | $18.62 |
Beauty Salon | $36.49 | $39.05 |
Toothpaste | $2.13 | $2.34 |
Item | Laurel | Mississippi |
---|---|---|
Potatoes | $3.53 | $3.29 |
Pizza | $9.49 | $10.62 |
Beer | $9.39 | $9.38 |
Optometrist | $105.7 | $108.57 |
Doctor | $95.9 | $116.17 |
Dentist | $88.87 | $99.13 |
Item | Laurel | Mississippi |
---|---|---|
Gasoline | $1.88 | $2.22 |
Tire Balancing | $49.67 | $50.07 |
All Electricity | $153.76 | $167.67 |
Phone | $180.88 | $175.64 |
City | Population | Cost Of Living | Vs. Laurel |
---|---|---|---|
Hattiesburg, MS | 46,010 | 87 | 1.1x |
Petal, MS | 10,624 | 91 | 1.1x |
West Hattiesburg, MS | 5,944 | 90 | 1.1x |
Forest, MS | 5,569 | 77 | 1.0x |