Zip 23228 (Laurel, VA) Cost of Living


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Laurel cost of living score
97.6
Less expensive
2.4% lower
than the US average
6.3% lower
than the Virginia average
Laurel (zip 23228), Virginia gets a BestPlaces Cost of Living score of 97.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 2.4% lower than the U.S. average and 6.3% lower than the average for Virginia.

Zip 23228 (Laurel, VA)

Housing costs in Laurel?
A typical home costs $292,500, which is 13.5% less expensive than the national average of $338,100 and 14.8% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Laurel costs $1,440 per month, which is 2.9% more than the national average of $1,400 and 7.6% more than the state average of $1,330.

Can I afford Laurel?
To live comfortably in Laurel (zip 23228), Virginia, a minimum annual income of $56,160 for a family, and $50,800 for a single person is recommended.

What does A.I. say about Laurel?
The cost of living in 23228 Laurel, VA is relatively high compared to other areas in the state. According to a recent report, the median home value in 23228 is over $300,000 and the median rent is more than $1,600 per month. Additionally, the cost of groceries, transportation and other necessities are also above average for Virginia. However, despite these high costs, residents of this area have access to a plethora of amenities to make their lives easier and more comfortable such as parks, shopping centers and easy access to the metro system.
   Cost of living score
     CategoriesLaurelVirginiaUnited States
  97.6104.2100.0
  9799.6100
  97.8103.1100.0
  85.1112.9100.0
  $292,500$343,200$338,100
  98.9%99.3%100.0%
  82.199.4100.0
  142.0113.7100.0

   100=National Average

   Average Rent by Bedroom Size
Crime