Cost of Living in South Laurel, MD

Population 27,736 · Maryland · Data vintage 2023

142
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

South Laurel is effectively a commuter community: the average resident spends 35 minutes each way getting to work, well above the 27-minute US median. Housing costs ($443,000 for a typical home) tend to reflect the tradeoff between price and access. At 6.7%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, South Laurel sits roughly 10 miles south of Columbia. Median home values run roughly 8% lower than Columbia's $480,000.

Cost Overview

Housing 145
Rent 137

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in South Laurel

The median home value in South Laurel is $443,100 — 45% above the national median of $305,000. Median rent runs $1,795/month, 37% higher than the national median of $1,314/month. The median household income of $90,715/year is 22% higher than the US median of $74,580. The local unemployment rate is 6.7%, above the national average of 4.8%. Maryland's top state income tax rate is 5.8% and the combined sales tax is 6.0%. Overall, South Laurel has a cost of living index of 142 versus the US average of 100, meaning it is 42% more expensive.

🏠 Housing

Median Home Value
$443,100
45% above avg
Median Rent
$1,795/mo
37% above avg
Price-to-Rent Ratio
20.6x
Favors renting
Property Tax Rate
1.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,407
1 BR
$1,604
2 BR
$1,898
3 BR
$2,407
4 BR
$2,822
Owner-occupied 40.1%
Renter-occupied 59.9%

💰 Estimated Monthly Budget

Rent median rent
$1,795
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,409/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
35.4 min
31% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.9%

Commute Mode

Drove alone
69.8%
Carpooled
7.4%
Public transit
5.8%
Walked
0.8%
Bicycle
0.1%
Work from home
11.9%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.8%
Total Sales Tax 6.0%
State rate 6.0%
Avg local rate 0.0%
Property Tax 1.1%

💼 Income & Employment

Median Household Income
$90,715
22% above avg
Per Capita Income
$43,540
Unemployment Rate
6.7%
39% above avg
Poverty Rate
11.8%
Labor Force Participation
74.8%

🎓 Education

Bachelor's degree+ 24.2%
Graduate degree 17.1%

👥 Demographics

Median Age 36.1
Male median age 36.7
Female median age 35.6

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
69.3%
Good air days/yr
192
Max AQI recorded
138
PM2.5 days
226
Ozone days

Frequently Asked Questions

What is the cost of living in South Laurel, MD?

South Laurel has a cost index of 142 (100 = national average). It is 42% above the national average.

What is average rent in South Laurel, MD?

The median gross rent in South Laurel is $1,795 per month based on 2023 Census data.

What is the average home price in South Laurel?

The median home value in South Laurel is $443,100 according to 2023 Census ACS data.

What is the median income in South Laurel?

The median household income in South Laurel is $90,715 per year (2023 ACS 5-year estimates).

What is the sales tax in South Laurel, MD?

The combined state and local sales tax rate in South Laurel is 6.0%. The Maryland state income tax top rate is 5.8%.

Is South Laurel, MD affordable?

South Laurel is above average in cost of living, with an index of 142 — about 42% higher than the national average.

South Laurel at a Glance

Population
27,736
Median Income
$90,715
Home Value
$443,100
Median Rent
$1,795/mo
Unemployment
6.7%
Sales Tax
6.0%
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🗺️ County data for Maryland

Explore county-level cost of living data

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