Median Income
$62,250
household / year
Median Home Value
$221,700
owner-occupied
Median Rent
$907
gross / month
Cost of Living
90
national avg = 100

Is Laurel, MT a Good Place to Live?

Laurel is a small town of 7,181 in Montana, with a median household income of $62,250 and a 1.4% unemployment rate. Its cost of living index is 90 (US average = 100), which is 10% below the national average.

Strengths: Laurel stands out for an affordable cost of living, below-average home prices, short average commutes.

Trade-offs: Potential downsides include a higher-than-average crime index. Whether Laurel is right for you depends on your priorities — the full breakdown is below.

All Laurel city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 89.6

Laurel's overall cost of living index is 89.6, where 100 represents the US national average. Living in Laurel costs roughly 10% less than the average American city.

Metric Laurel, MT National Avg
Median Home Value $221,700 $244,900
Median Monthly Rent $907 $1,163
Homeownership Rate 64.6% 65.9%
Median Household Income $62,250 $74,755

Crime & Safety

Higher than Average

Laurel's violent crime rate is 542.8 per 100,000 residents — 43% higher than the national average of ~380 per 100,000.

Violent Crime
542.8 /100k
Property Crime
3604.7 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Laurel is served primarily by Laurel Elem. The student-to-teacher ratio is 14.7:1 (better than the national average of ~16:1).

Metric Laurel, MT National Avg
School District Laurel Elem
Elementary Schools 3
Middle Schools 1
High Schools N/A
Student/Teacher Ratio 14.7:1 16:1
Bachelor's Degree or Higher 15.9% 35.4%
High School Diploma or Higher 94.3% 91.1%

Weather & Climate

Laurel sees average highs of 37.2°F in January and 88.7°F in July, with 15.1 inches of annual precipitation and 48.2 inches of snow per year.

MetricLaurel, MT
Average High — January37.2°F
Average High — July88.7°F
Annual Precipitation15.1"
Annual Snowfall48.2"

Demographics

MetricLaurel, MTNational Avg
Population7,181
Median Age36.538.9
Unemployment Rate1.4%3.7%
Avg Commute Time16.8 min26 min
White (non-Hispanic)90.0%59.3%
Black or African American0.5%13.6%
Hispanic or Latino3.2%18.9%
Asian1.6%6.3%
Under 1823.5%22.2%
65 and over16.3%16.8%

Nearby Cities

ZIP Codes in Laurel

Laurel, MT is covered by 1 ZIP code:

Laurel vs Other Cities

Frequently Asked Questions

Laurel's cost of living index is 90, where 100 is the national average. That makes Laurel roughly 10% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $221,700 and median rent is $907/month.
Laurel's violent crime rate is 542.8 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 3604.7 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Laurel are operated by Laurel Elem. The district has 3 elementary, 1 middle, and several high schools. The student-to-teacher ratio is 14.7:1. 15.9% of adults 25+ hold a bachelor's degree or higher.
Laurel, MT has a population of 7,181, a median household income of $62,250, and an unemployment rate of 1.4%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Laurel averages 37.2°F in January and 88.7°F in July. Annual rainfall is 15.1 inches with about 48.2 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Laurel, MT is covered by 1 ZIP code: 59044.
The population of Laurel, Montana is 7,181 with a median age of 36.5. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Laurel: cost of living index 90 (100 = US average), median home $221,700, median household income $62,250, crime index 154 (100 = US average, lower is safer), schools rated C. Whether these are benefits or drawbacks depends on where you're coming from — compare Laurel side by side with your current city to see the trade-offs.