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.
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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.