Housing costs in South Laurel?
A typical home costs
$431,100, which is 27.5% more expensive than the national average of
$338,100 and 11.1% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in South Laurel costs
$1,750 per month, which is 22.4% more than the national average of
$1,430 and 7.4% more than the state average of
$1,620.
Can I afford South Laurel?
To live comfortably in South Laurel, Maryland, a minimum annual income of
$82,440 for a family, and
$61,600 for a single person is recommended.
What does A.I. say about South Laurel?
South Laurel, MD is known for having a very reasonable cost of living. The city offers plenty of affordable housing options for both renters and homeowners alike. Many amenities are also easily accessible, such as grocery stores, restaurants, parks, and public transportation. Additionally, the area has some of the lowest employment and income taxes in the state of Maryland. All these factors make South Laurel an ideal place to live for anyone looking for a great balance between affordability and convenience.