Cost of Living in Laurel, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
252.7
100 = national avg
+152.7 vs national average
Living Wage (1 Adult)
$111,205
per year
Living Wage (Family of 4)
$262,849
per year
Cost Index by Category
Housing400.0
Food146.9
Transportation193.8
Healthcare137.5
Utilities188.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,379
per month
2 Bedroom
$2,747
per month
The overall cost of living index in Laurel is 252.7, which is 152.7% above the national average. Housing costs are above the national average at an index of 400.0. A single adult needs to earn approximately $111,205 per year to cover basic expenses.