Laurel, MT Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2021-02-06
95
Laurel's Overall Cost Of Living
0.9x
Lower Than The National Average
5 out of 22
In Montana
2,509 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, MT?

According to the most recent data on the cost of living, Laurel has an overall cost of living index of 95 which is 0.9x lower than the national index of 100.

Compared to only Montana, Laurel has a cost of living index that's 0.9x lower than Montana's index of 100.

The standard of living in Laurel ranks as #2,510 most affordable out of the 6,522 places we measured in Montana. By definition, that implies Laurel ranks as the #3,897 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 95 100 100
Services 106 106 100
Groceries 104 104 100
Health 95 95 100
Housing 84 99 100
Transportation 91 91 100
Utilities 86 86 100
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.

$174,000
Median Home Value
$832
Median Rent
$55,503
Median Income
Statistic Laurel Montana United States
Median Home Value $174,000 $230,600 $217,500
Median Rent $832 $810 $1,062
Median Income $55,503 $54,970 $62,843
Home Value To Income 3.1x 4.2x 3.5x
Rent To Monthly Income 0.18x 0.18x 0.2x

Detailed Laurel Services Costs Vs. Montana

Item Laurel Montana
Shampoo $1.11 $1.01
Movie $11.3 $10.72
Bowling $14.28 $13.86

Detailed Laurel Groceries Costs Vs. Montana

Item Laurel Montana
Ground Beef $3.99 $3.9
Fried Chicken $1.5 $1.4
Milk $1.91 $1.96

Detailed Laurel Health Costs Vs. Montana

Item Laurel Montana
Haircut $18.42 $17.49
Beauty Salon $35.04 $38.17
Toothpaste $2.42 $2.32

Detailed Laurel Transportation Costs Vs. Montana

Item Laurel Montana
Potatoes $4.41 $3.18
Pizza $12.02 $10.39
Beer $8.54 $9.23
Optometrist $132.98 $106.34
Doctor $96.5 $115.25
Dentist $96.5 $98.38

Detailed Laurel Utilities Costs Vs. Montana

Item Laurel Montana
Gasoline $2.6 $2.59
Tire Balancing $38.3 $48.9
All Electricity $131.71 $167.6
Phone $173.32 $163.42

Laurel SnackAbility

6
/10
Overall SnackAbility
Jobs
8/10
Housing
8
Affordability
8
Diversity
4
Safety
5
Amenities
8.5
Education
8
Commute
8.5

Cost Of Living In Cities Around Laurel

City Population Cost Of Living Vs. Laurel
Billings, MT 109,595 100 1.1x
Lockwood, MT 8,066 97 1.0x

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