Housing costs in Laurel?
A typical home costs
$545,300, which is 61.3% more expensive than the national average of
$338,100 and 50.5% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Laurel costs
$1,580 per month, which is 1.3% more than the national average of
$1,560 and close to the state average of
$1,590.
Can I afford Laurel?
To live comfortably in Laurel (zip 34275), Florida, a minimum annual income of
$104,400 for a family, and
$50,400 for a single person is recommended.
What does A.I. say about Laurel?
The cost of living in 34275 Laurel, Florida is fairly reasonable when compared to other areas. The median home value is just under $150,000 and the median rent is around $900 per month. This makes it an affordable place for families or those looking to start a business. Additionally, the area has a low unemployment rate and the average income is slightly higher than the national average. Groceries, utilities, and transportation are affordable as well. Overall, Laurel provides a great balance of affordability and quality of life for its residents.