Housing costs in Laurel?
A typical home costs
$164,700, which is 51.3% less expensive than the national average of
$338,100 and 15.2% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Laurel costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 19.5% cheaper than the state average of
$920.
Can I afford Laurel?
To live comfortably in Laurel Kentu County, Kentucky, a minimum annual income of
$31,680 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Laurel?
The cost of living in Laurel, KY County is considerably lower than the US average. At 74.1, it's about 25% cheaper than the national average of 100. This lower cost of living means that the median house value in Laurel is much lower at $164,700 compared to the US average of $338,100. Living in this county can be more affordable for those on a budget or who have limited income.