Housing costs in Laurel?
A typical home costs
$101,200, which is 70.1% less expensive than the national average of
$338,100 and 34.8% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Laurel costs
$730 per month, which is 18.0% cheaper than the national average of
$890 and 9.6% cheaper than the state average of
$800.
Can I afford Laurel?
To live comfortably in Laurel (zip 39440), Mississippi, a minimum annual income of
$19,440 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Laurel?
The cost of living in 39440 Laurel, MS is relatively low compared to other cities in the United States. According to the latest data from the BestPlaces Bureau, the median home value in this zip code is $69,400 and the median household income is $33,937. The cost of living for a family of four is estimated at $59,990 per year. The average price of groceries and eating out are slightly higher than the national average but still remain affordable when compared to other areas. Additionally, there are numerous rental properties available at reasonable prices and utilities tend to be lower than the U.S. average as well. Overall, 39440 Laurel, MS offers a great quality of life at a very affordable cost.