Cost of Living in Laurel, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
121.3
100 = national avg
+21.3 vs national average
Living Wage (1 Adult)
$53,378
per year
Living Wage (Family of 4)
$126,167
per year
Cost Index by Category
Housing149.3
Food103.5
Transportation106.9
Healthcare102.8
Utilities111.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,507
per month
2 Bedroom
$1,655
per month
The overall cost of living index in Laurel is 121.3, which is 21.3% above the national average. Housing costs are above the national average at an index of 149.3. A single adult needs to earn approximately $53,378 per year to cover basic expenses.