Cost of Living in South Laurel, MD

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

158.5

100 = national avg

+58.5 vs national average

Living Wage (1 Adult)

$69,748

per year

Living Wage (Family of 4)

$164,858

per year

Cost Index by Category

Housing
214.1
Food
119.3
Transportation
132.5
Healthcare
115.5
Utilities
134.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,015

per month

2 Bedroom

$2,246

per month

The overall cost of living index in South Laurel is 158.5, which is 58.5% above the national average. Housing costs are above the national average at an index of 214.1. A single adult needs to earn approximately $69,748 per year to cover basic expenses.