Laurel, MT has a lower cost of living compared to the nationwide average, which stands at 100. According to the latest data, the cost of living index in Laurel is 89. This represents a 11% decrease from the national average, making Laurel a more affordable place for housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses.
Laurel, Montana, offers a cost of living index that differs notably from the nationwide average. For housing, Laurel stands at 85, which means it is 15% below the national average of 100. This can make housing more affordable for residents and potential newcomers. The cost of groceries in Laurel, at 90, is slightly lower than the national average, providing a modest saving of 10%.
When looking at other expenses, Laurel also shows competitive rates. Utilities in Laurel are priced at 95, just 5% above the average, indicating minimal added costs here. Transportation costs in Laurel stand at 88, which is 12% less than the national average, offering savings for commuters. Healthcare costs in Laurel are at 92, reflecting a 8% saving compared to the average. Lastly, miscellaneous expenses are at 89, which is a 11% reduction from the average, further enhancing the overall affordability of living in Laurel.
