Cost of Living in Laurel, IN

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18%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
51%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Laurel Indiana National
Cost of living8289100
Groceries9897100
Health care9797100
Housing4972100
Transportation9796100
Utilities9596100
Lifestyle & Entertainment9495100
Household Items9698100
Education & Childcare9994100
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Homes For Sale In Laurel, IN

property for sale

111 W Baltimore St

Laurel, IN
property for sale

24144 Stipps Hill Rd

Laurel, IN
property for sale

US 52 HWY

Laurel, IN
property for sale

22199 Old US 52

Laurel, IN

Cost Of Living Quick Facts

  • The cost of living in Laurel is 8% lower than the Indiana average
  • The cost of living in Laurel is 18% lower than the national average
  • Laurel housing is 51% lower than the national average
  • Indiana general sales tax is 37% higher than the national average
  • Indiana state income tax is 21% higher than the national average

Most Affordable Places to Live in and Around Laurel

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      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$51,471$4,289$1,201$1,544
      Renters$28,440$2,370$664$853

      Indiana Sales Tax

      State General Sales Tax With Max Surtax
      Indiana 7% 7%

      Indiana Income Tax

      State Income Tax (Low) Income Tax (High)
      Indiana 3.15% 3.15%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Clarksburg, IN58973.2%
      Milroy, IN6668218.4%
      Connersville, IN13,3748317.2%
      Glenwood, IN3198416.3%
      Rushville, IN6,3958515.0%
      Laurel, IN8028217.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Reynolds, GA8028317.4%
      Tribune, KS802937.3%
      Elgin, NE8028317.2%
      Glorieta, NM80211616.5%
      Antelope, SD8027425.5%
      Laurel, IN8028217.6%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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