Laurel, MT Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
94
Laurel's Overall Cost Of Living
0.9x
Lower Than The National Average
8 out of 23
In Montana
2,290 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, MT?

According to the most recent data on the cost of living, Laurel has an overall cost of living index of 94 which is 0.9x lower than the national index of 100.

Compared to only Montana, Laurel has a cost of living index that's 1.0x lower than Montana's index of 97.

The standard of living in Laurel ranks as #2,290 most affordable out of the 6,418 places we measured in Montana. By definition, that implies Laurel ranks as the #4,129 most expensive place in the Treasure State.

For more reading on life in Laurel, check out:

Laurel Cost Of Living Vs. Montana

Living Expense Laurel Montana National Average
Overall 94 97 100
Services 105 99 100
Groceries 101 99 100
Health 96 100 100
Housing 83 100 100
Transportation 95 94 100
Utilities 89 87 100
For more reading on cost of living around Montana, check out:
Laurel Cost of Living Vs. MT

Laurel, MT Housing Cost Breakdown

Housing swings affordability the most between places in Montana, 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.

$174,100
Median Home Value
$835
Median Rent
$56,902
Median Income
Statistic Laurel Montana United States
Median Home Value $174,100 $244,900 $229,800
Median Rent $835 $836 $1,096
Median Income $56,902 $56,539 $64,994
Home Value To Income 3.1x 4.3x 3.5x
Rent To Monthly Income 0.18x 0.18x 0.2x

Detailed Laurel Services Costs Vs. Montana

Item Laurel Montana
Shampoo $0.93 $1.06
Movie $11.29 $10.68
Bowling $15.74 $14.67

Detailed Laurel Groceries Costs Vs. Montana

Item Laurel Montana
Ground Beef $4.85 $4.22
Fried Chicken $1.4 $1.39
Milk $2.33 $2.05

Detailed Laurel Health Costs Vs. Montana

Item Laurel Montana
Haircut $25.25 $18.62
Beauty Salon $38.69 $39.05
Toothpaste $2.8 $2.34

Detailed Laurel Transportation Costs Vs. Montana

Item Laurel Montana
Potatoes $3.39 $3.29
Pizza $11.02 $10.62
Beer $8.69 $9.38
Optometrist $132.98 $108.57
Doctor $96.5 $116.17
Dentist $96.5 $99.13

Detailed Laurel Utilities Costs Vs. Montana

Item Laurel Montana
Gasoline $2.2 $2.22
Tire Balancing $38.47 $50.07
All Electricity $136.2 $167.67
Phone $176.16 $175.64

Laurel SnackAbility

6
/10
Overall SnackAbility
Jobs
8/10
Housing
7
Affordability
8
Diversity
5
Safety
6
Amenities
8.5
Education
8
Commute
9

Cost Of Living In Cities Around Laurel

City Population Cost Of Living Vs. Laurel
Billings, MT 109,705 101 1.1x
Lockwood, MT 8,206 96 1.0x

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