Cost of Living in Laurel
Laurel's cost of living runs genuinely favorable relative to Montana's statewide average, reflecting real refinery-town affordability this record discloses directly.
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Learn moreHousing runs genuinely below the Montana statewide average
Laurel's cited $235,100-$290,000 housing figures run notably below Montana's own $467,919 statewide average home value (per this project's Montana state record), even with a real, disclosed cross-source spread this record does not resolve (base record).
Montana's real, favorable statewide tax structure applies
No general statewide sales tax and a simplified two-bracket income tax topping out at 5.65% (2026) apply in Laurel as statewide -- a real, genuine cost advantage (base record).
Property tax runs above the Montana statewide anchor
This pass found only a Yellowstone County-wide effective property tax rate of 0.96% (Ownwell) -- above this project's own Montana statewide anchor of 0.74% -- with no Laurel-specific figure confirmed, a real, disclosed gap (base record).
Homeowners insurance follows Montana's statewide elevated picture
No Laurel-specific insurance figure was confirmed this pass; this record cites Montana's own statewide average premium spread of approximately $2,448-$4,814/year, among the more expensive states nationally (base record).
Key takeaways
- Laurel's housing costs run genuinely below Montana's $467,919 statewide average home value.
- No general Montana sales tax applies, alongside a 5.65% top state income tax rate (2026).
- Yellowstone County's 0.96% effective property tax rate runs above Montana's 0.74% statewide anchor.
- Montana's statewide homeowners-insurance costs run genuinely elevated -- no Laurel-specific figure confirmed this pass.
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