salaryRent is higher than in 78% of U.S. cities. Household incomes are higher than in 93% of U.S. cities. A typical house costs about 4.1 years of household income. Commutes are long, about 31 minutes each way. Most homes (78%) are owned, so rentals can be hard to find. It is a highly educated city: 61.7% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $90,120 a year. That is $43 an hour at a full-time job.
Is rent cheaper than other Virginia cities?
No. Rent here is more expensive than in most of Virginia. It is number 115 of 199 cities from cheapest to most expensive.
How much do households earn in Laurel Hill?
Share of households by yearly income. 63.4% of households earn $100,000 or more.
Rent by apartment size in Laurel Hill
| Size | Laurel Hill | U.S. average |
|---|---|---|
| 1 bedroom | $1,939 | $1,324 |
| 2 bedrooms | $2,565 | $1,509 |
| 3 bedrooms | $3,518 | $1,698 |
| 4 bedrooms | $3,603 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Laurel Hill overall?
Everyday prices in Virginia overall are 1% above the U.S. average (index 101.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Laurel Hill, so the Virginia figure is shown.
Taxes and bills in Laurel Hill
Life in Laurel Hill
Is it cheaper to rent or buy in Laurel Hill?
Renting is cheaper right now: about $2,576 a month less.
Owning assumes a typical $696,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $69,600 for the down payment.
Frequently asked questions
What is the average rent in Laurel Hill, VA?
Renting in Laurel Hill costs a median of about $2,253 a month in 2026, including utilities. The Virginia median is $2,049.
How much do I need to make to live in Laurel Hill?
To keep rent under 30% of income, you need about $90,120 a year, or $43 an hour at a full-time job.
Is Laurel Hill cheap or expensive?
Laurel Hill is rated Cheap: rent takes 16.1% of the typical household income of $167,887. It ranks 115th cheapest of 199 Virginia cities we track.
How much are property taxes in Laurel Hill?
The median homeowner in Laurel Hill pays $7,038 a year in property taxes, about 1.01% of the median home value.
Is Laurel Hill more expensive than the national average?
Overall prices in Virginia are 1% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Laurel Hill?
The median home value in Laurel Hill is $696,000, about 4.1 times the typical yearly household income.
7,450 people live in Laurel Hill. Numbers are typical (middle) values.