Housing costs in Laurel?
A typical home costs
$169,100, which is 50.0% less expensive than the national average of
$338,100 and 13.2% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Laurel costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 9.4% cheaper than the state average of
$930.
Can I afford Laurel?
To live comfortably in Laurel, Iowa, a minimum annual income of
$32,400 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Laurel?
Living in Laurel, IA is relatively affordable. The cost of living index is close to the national average, with many of the costs being below average. Homes and apartments come at very reasonable prices, and groceries are generally quite affordable. There are also plenty of job opportunities available in the area, giving residents access to a steady income. All this makes Laurel an attractive place to live for people looking for a comfortable life without having to break the bank.