Cost of Living in Laurel Park, VA

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

Cost of Living Overview

Overall Index

72.2

100 = national avg

-27.8 vs national average

Living Wage (1 Adult)

$31,786

per year

Living Wage (Family of 4)

$75,130

per year

Cost Index by Category

Housing
74.2
Food
79.5
Transportation
59.0
Healthcare
83.6
Utilities
82.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$753

per month

2 Bedroom

$914

per month

The overall cost of living index in Laurel Park is 72.2, which is 27.8% below the national average. Housing costs are below the national average at an index of 74.2. A single adult needs to earn approximately $31,786 per year to cover basic expenses.