Zip 11948 (Laurel, NY) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Laurel, New York?
$13,020 / month
for a family, 141.1% more expensive than the national average A total of $156,240 for the year for a family.
$5,167 / month
for a single person, 8.4% more expensive than the national average A total of $62,000 for the year for a single person.

Laurel cost of living score
147.1
More expensive
47.1% higher
than the US average
21.1% higher
than the New York average
Laurel (zip 11948), New York gets a BestPlaces Cost of Living score of 147.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 47.1% higher than the U.S. average and 21.1% lower than the average for New York.

Zip 11948 (Laurel, NY)

Housing costs in Laurel?
A typical home costs $814,900, which is 141.0% more expensive than the national average of $338,100 and 97.0% more expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Laurel costs $1,860 per month, which is 5.1% cheaper than the national average of $1,960 and 16.7% cheaper than the state average of $2,170.

Can I afford Laurel?
To live comfortably in Laurel (zip 11948), New York, a minimum annual income of $156,240 for a family, and $62,000 for a single person is recommended.

What does A.I. say about Laurel?
The cost of living in 11948 Laurel, NY is relatively high. The median home price in this zip code is around $322,500, which is much higher than the national average of $200,000. Additionally, the average rent for a one bedroom apartment in this area is around $1,850 a month. Groceries and utilities are also more expensive in this area than in other parts of the country. Despite these high costs, 11948 Laurel offers many benefits that make living here worth it; it has low crime rates, excellent schools, and plenty of recreational activities for residents to take part in.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLaurelNew YorkUnited States
    Unlock121.5100.0
  107.7  Unlock100.0
    Unlock120.7100.0
  263.0  Unlock100.0
    Unlock$413,600$338,100
  125.2  Unlock100.0
    Unlock140.7100.0
  154.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.