South Laurel, MD

Very High · 133

Maryland · Population 27,736 · Updated March 2026

$1,795
Median Rent / Month
$90,715
Median Income
$443,100
Median Home Value
$1,870
Owner Costs / Month

Affordability

How far your income goes in South Laurel

23.7%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Maryland

State-level tax rates that affect your costs

5.75%
Income Tax (Top Rate)
6.0%
Sales Tax
1.07%
Property Tax Rate

Estimated Annual Costs

$21,540
Annual Rent
$5,216
State Income Tax
$4,741
Property Tax (est.)

Cost of Living Overview

South Laurel has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 133 (where 100 equals the national median), South Laurel residents can expect to pay median rent of $1,795/month while earning a median household income of $90,715/year.

The median home value in South Laurel, MD is $443,100, with typical monthly owner costs around $1,870 including mortgage, insurance, and taxes. The median rent-to-income ratio of 23.7% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Maryland has a moderate income tax rate of 5.75%. Combined with a 6.0% sales tax rate and 1.07% effective property tax rate, the overall tax environment is a factor in the total cost of living in South Laurel.

Frequently Asked Questions

Common questions about living costs in South Laurel

What is the cost of living in South Laurel, MD?
The cost of living index in South Laurel, MD is 133 (US average = 100). Median monthly rent is $1,795, median household income is $90,715/year, and the median home value is $443,100.
Is South Laurel, MD affordable?
No, South Laurel is more expensive than the national average with a cost index of 133. The rent-to-income ratio is 23.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in South Laurel, MD?
The median gross rent in South Laurel, MD is $1,795 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $21,540.
What is the median household income in South Laurel?
The median household income in South Laurel, MD is $90,715 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Maryland?
Maryland has a top income tax rate of 5.75%, a sales tax of 6.0%, and an effective property tax rate of 1.07%.