Housing costs in Laurel?
A typical home costs
$363,100, which is 7.4% more expensive than the national average of
$338,100 and 17.8% less expensive than the average Montana home, at
$441,800. Renting a two-bedroom unit in Laurel costs
$1,030 per month, which is 28.0% cheaper than the national average of
$1,430 and 3.9% more than the state average of
$990.
Can I afford Laurel?
To live comfortably in Laurel, Montana, a minimum annual income of
$69,480 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Laurel?
The cost of living in Laurel, MT is generally quite affordable. According to BestPlaces, the overall cost of living index in Laurel is 8% lower than the US average, making it an attractive option for those looking to save money. Housing expenses make up a large portion of the cost of living, with an average rent being approximately $750 per month for a one-bedroom apartment. Additionally, everyday items like groceries and transportation are also relatively inexpensive compared to other parts of the country. All in all, Laurel offers a reasonable cost of living that can help people live comfortably without breaking the bank.