Housing costs in Laurel?
A typical home costs
$239,100, which is 29.3% less expensive than the national average of
$338,100 and 30.3% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Laurel costs
$1,490 per month, which is 4.2% more than the national average of
$1,430 and 6.0% more than the state average of
$1,400.
Can I afford Laurel?
To live comfortably in Laurel, Virginia, a minimum annual income of
$45,720 for a family, and
$52,800 for a single person is recommended.
What does A.I. say about Laurel?
The cost of living in Laurel, VA is relatively affordable. The average price for a two-bedroom apartment is around $1,100, which is far lower than the national average for such dwellings. Eating out and shopping are generally quite affordable as well, with groceries costing about 10 percent less than the national average. Additionally, transportation costs are kept low thanks to an extensive public transit system that includes both buses and trains. All in all, Laurel makes for a great city to live in without breaking the bank.