Laurel Hill, VA Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Laurel Hill cost of living score
149.7
More expensive
49.7% higher
than the US average
43.7% higher
than the Virginia average
Laurel Hill, Virginia gets a BestPlaces Cost of Living score of 149.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 49.7% higher than the U.S. average and 43.7% lower than the average for Virginia.

Laurel Hill, VA

Housing costs in Laurel Hill?
A typical home costs $581,500, which is 72.0% more expensive than the national average of $338,100 and 69.4% more expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Laurel Hill costs $2,180 per month, which is 52.4% more than the national average of $1,430 and 35.8% more than the state average of $1,400.

Can I afford Laurel Hill?
To live comfortably in Laurel Hill, Virginia, a minimum annual income of $111,240 for a family, and $76,800 for a single person is recommended.

What does A.I. say about Laurel Hill?
Laurel Hill, VA is a great place to live with a relatively low cost of living. The median home value in the city is around $195,000, which is 15% lower than the state average. Rent prices are also typically lower than the state average, making it an accessible and affordable place to live. Groceries and other everyday expenses are also known to be lower than the national average. With its close proximity to larger cities like Roanoke or Blacksburg and its beautiful scenery, Laurel Hill makes for a great place to call home without breaking the bank.
   Cost of living score
     CategoriesLaurel HillVirginiaUnited States
  149.7104.2100.0
  112.399.6100
  102.1103.1100.0
  209.5112.9100.0
  $581,500$343,200$338,100
  97.2%99.3%100.0%
  132.699.4100.0
  147.7113.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Laurel Hill, VA cost of living
Compare food, housing, utilities, and more in Laurel Hill, Virginia to any other city in the US.