Housing costs in Laurel?
A typical home costs
$829,800, which is 145.4% more expensive than the national average of
$338,100 and 100.6% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Laurel costs
$1,830 per month, which is 28.0% more than the national average of
$1,430 and 7.1% cheaper than the state average of
$1,960.
Can I afford Laurel?
To live comfortably in Laurel, New York, a minimum annual income of
$159,120 for a family, and
$60,800 for a single person is recommended.
What does A.I. say about Laurel?
Laurel, NY is a great place to live with a low cost of living. The median home cost in Laurel is $184,400, which is lower than the national average of $231,200. The median household income in Laurel is also slightly lower than the national average at $62,680 versus $68,703. Additionally, utilities are relatively inexpensive in Laurel and many locals take advantage of the area's abundance of natural beauty for outdoor recreational activities that don't have to break the bank. All in all, it's easy to see why Laurel has become an increasingly popular spot to call home.