Housing costs in Laurel?
A typical home costs
$259,400, which is 23.3% less expensive than the national average of
$338,100 and 22.8% less expensive than the average Delaware home, at
$336,200. Renting a two-bedroom unit in Laurel costs
$890 per month, which is 33.1% cheaper than the national average of
$1,330 and 22.5% cheaper than the state average of
$1,090.
Can I afford Laurel?
To live comfortably in Laurel (zip 19956), Delaware, a minimum annual income of
$49,680 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Laurel?
The cost of living in 19956 Laurel, DE is quite affordable. The median home price for this area is about $140,000, which is significantly lower than the national average. Additionally, the median household income for residents of this zip code is about $61,000, indicating that most families can expect to be able to live comfortably here without breaking the bank. Groceries and other everyday expenses also tend to be reasonably priced in this area, providing further proof that the cost of living in 19956 Laurel, DE is relatively low compared to much of the rest of the country.