Richmond

Cost of living in Laurel

Composed in-house · four inputs · 14% of the overall score
B+
79/100
6th of 20
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The four inputs
Housing cost index97
Richmond 10045% · scores 80
Effective property tax rate0.66%
Richmond 0.72%25% · scores 87
Utilities97
Richmond 10020% · scores 63
Local sales tax5.77%
Richmond median 5.77%10% · scores 85
Vertical rule marks the Richmond reference. Composed in-house · ACS 2020–24. Every scale is on the methodology page.

Best Richmond suburbs for cost of living

All 20 ranked, Laurel highlighted
1LakesideA−$288,2002Colonial HeightsA−$246,6003PetersburgA−$189,0004HopewellB+$181,6005Highland SpringsB+$227,3006LaurelB+$283,6007ManchesterB+$317,0008TuckahoeB+$462,8009East Highland ParkB$229,20010RockwoodB$354,40011RichmondB$353,00012BrandermillB$376,00013MidlothianB$408,50014MeadowbrookB$298,50015MechanicsvilleB$351,00016ChesterB−$327,20017Short PumpB−$568,90018Bon AirB−$365,20019Glen AllenB−$357,20020WyndhamD+$703,000
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Better than Laurel on cost of living

Laurel grades B+ on cost of living. Two suburbs are within 25 miles and score higher on the same four inputs.

SuburbCost of livingMedian home valueEff. tax rateOverall
Lakeside2 mi from LaurelA−$288k0.63% 67 C+ Highland Springs11 mi from LaurelB+$227k0.68% 53 C−
Cost-of-living index composed in-house from housing cost, utilities, effective property tax and local sales tax · Median home value: ACS 2020–24 · Effective property tax: ACS 2020–24