Laurel Hill, VA Cost Of Living
Cost Of Living In Laurel Hill, VA Summary
Cost of living in Laurel Hill research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Laurel Hill is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Virginia, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Laurel Hill is 149, with 100 being the average.
The cost of living index in Laurel Hill is 1.5x higher than the national average.
Laurel Hill ranks as the #146 cheapest in Virginia out of 186.
Laurel Hill ranks as the #5,822 cheapest out of 6,412 in the US.
The median home value in Laurel Hill is $530,600.
The median income in Laurel Hill is $108,219.
Table Of Contents
Laurel Hill's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Laurel Hill, VA?
According to the most recent data on the cost of living, Laurel Hill has an overall cost of living index of 149, which is 1.5x higher than the national index of 100.
Compared to Virginia, Laurel Hill has a cost of living index that's 1.5x higher than Virginia's index of 102.
The standard of living in Laurel Hill ranks as #146 most affordable out of the 186 places we measured in Virginia. By definition, that implies Laurel Hill ranks as the #40 most expensive place in the Old Dominion.
For more reading on life in Laurel Hill, check out:
- Living In Laurel Hill
- Search Homes For Sale In Laurel Hill, VA
In Virginia
In America
Laurel Hill Cost Of Living Vs. Virginia
Six factors go into calculating the cost of living index in Laurel Hill. Here is how it fairs on each of the criteria:
The Services index in Laurel Hill is 107.
The Groceries index in Laurel Hill is 102.
The Health index in Laurel Hill is 108.
The Housing index in Laurel Hill is 267.
The Transportation index in Laurel Hill is 88.
The Utilities index in Laurel Hill is 100.
| Living Expense | Laurel Hill | Virginia | National Average | |
|---|---|---|---|---|
| Overall | 149 | 102 | 100 | |
| Services | 107 | 102 | 100 | |
| Groceries | 102 | 98 | 100 | |
| Health | 108 | 102 | 100 | |
| Housing | 267 | 107 | 100 | |
| Transportation | 88 | 95 | 100 | |
| Utilities | 100 | 102 | 100 | |
Laurel Hill, VA Housing Cost Breakdown
Housing swings affordability the most between places in Virginia, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Laurel Hill is $530,600.
The Median Rent in Laurel Hill is $2,372.
The Median Income in Laurel Hill is $108,219.
The Home Value To Income in Laurel Hill is 4.9x.
The Rent To Monthly Income in Laurel Hill is 0.26x.
| Statistic | Laurel Hill | Virginia | United States |
|---|---|---|---|
| Median Home Value | $530,600 | $295,500 | $244,900 |
| Median Rent | $2,372 | $1,326 | $1,163 |
| Median Income | $108,219 | $80,615 | $69,021 |
| Home Value To Income | 4.9x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.26x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Laurel Hill, VA Costs By Category
Detailed Laurel Hill Services Costs Vs. Virginia
| Item | Laurel Hill | Virginia |
|---|---|---|
| Shampoo | $0.99 | $1.06 |
| Movie | $12.32 | $10.68 |
| Bowling | $16.25 | $14.67 |
| Haircut | $15.5 | $18.62 |
| Beauty Salon | $47.93 | $39.05 |
Detailed Laurel Hill Groceries Costs Vs. Virginia
| Item | Laurel Hill | Virginia |
|---|---|---|
| Ground Beef | $3.94 | $4.22 |
| Fried Chicken | $1.28 | $1.39 |
| Milk | $2.18 | $2.05 |
| Potatoes | $3.08 | $3.29 |
| Pizza | $11.55 | $10.62 |
| Beer | $10.12 | $9.38 |
| Toothpaste | $2.47 | $2.34 |
Detailed Laurel Hill Health Costs Vs. Virginia
| Item | Laurel Hill | Virginia |
|---|---|---|
| Optometrist | $111.83 | $108.57 |
| Doctor | $116.67 | $116.17 |
| Dentist | $120.0 | $99.13 |
Detailed Laurel Hill Transportation Costs Vs. Virginia
| Item | Laurel Hill | Virginia |
|---|---|---|
| Gasoline | $2.09 | $2.22 |
| Tire Balancing | $36.5 | $50.07 |
Detailed Laurel Hill Utilities Costs Vs. Virginia
| Item | Laurel Hill | Virginia |
|---|---|---|
| All Electricity | $177.06 | $167.67 |
| Phone | $177.97 | $175.64 |
Laurel Hill SnackAbility
/10
Cost Of Living In Cities Around Laurel Hill
The cost of living varies in the cities and towns around Laurel Hill. Here's a quick look at the cost of living in the most populous nearby places:
Arlington, VA has a cost of living index of 167, 1.1x Laurel Hill.
Lake Ridge, VA has a cost of living index of 128, 0.9x Laurel Hill.
Burke, VA has a cost of living index of 154, 1.0x Laurel Hill.
| City | Population | Cost Of Living | Vs. Laurel Hill |
|---|---|---|---|
| Arlington, VA | 235,764 | 167 | 1.1x |
| Lake Ridge, VA | 44,697 | 128 | 0.9x |
| Burke, VA | 44,191 | 154 | 1.0x |
| Woodbridge, VA | 42,734 | 127 | 0.9x |
| Lorton, VA | 21,394 | 140 | 0.9x |
| Franklin Farm, VA | 18,906 | 167 | 1.1x |
| Fort Hunt, VA | 16,322 | 180 | 1.2x |
| Kings Park West, VA | 13,812 | 158 | 1.1x |
| Newington, VA | 13,419 | 140 | 0.9x |
| Newington Forest, VA | 12,641 | 144 | 1.0x |
