Cost of Living in Laurel, MT
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
103.6
100 = national avg
+3.6 vs national average
Living Wage (1 Adult)
$45,605
per year
Living Wage (Family of 4)
$107,795
per year
Cost Index by Category
Housing108.1
Food100.7
Transportation101.5
Healthcare100.6
Utilities102.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,109
per month
2 Bedroom
$1,417
per month
The overall cost of living index in Laurel is 103.6, which is 3.6% above the national average. Housing costs are above the national average at an index of 108.1. A single adult needs to earn approximately $45,605 per year to cover basic expenses.