Cost of Living in Laurel, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
73.0
100 = national avg
-27.0 vs national average
Living Wage (1 Adult)
$32,128
per year
Living Wage (Family of 4)
$75,940
per year
Cost Index by Category
Housing77.9
Food78.9
Transportation57.8
Healthcare83.1
Utilities82.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$699
per month
2 Bedroom
$917
per month
The overall cost of living index in Laurel is 73.0, which is 27.0% below the national average. Housing costs are below the national average at an index of 77.9. A single adult needs to earn approximately $32,128 per year to cover basic expenses.