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Conrad, MT vs Laurel, MT

73
Conrad
Montana
VS
-8.9%
80
Laurel
Montana

Conrad is moderately more affordable than Laurel, with a 8.9% lower cost of living index. Conrad scores 73 compared to 80 for Laurel, where the US average is 100. This difference means residents of Laurel can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Conrad is $888/month compared to $953/month in Laurel — a 7% difference. Home values follow the same pattern: Conrad is more affordable at $158,400 median vs $232,700.

Median household income in Conrad is $47,348 compared to $66,382 in Laurel (-28.7%). While Laurel is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Conrad spend roughly 22.5% of their income on rent, more than the 17.2% in Laurel.

Income & Cost

Cost of Living Index
Conrad
73
9% cheaper
Laurel
80
Median Household Income
Conrad
$47,348
Laurel
$66,382
29% higher

Housing

Median Rent
Conrad
$888
7% cheaper
Laurel
$953
Median Home Value
Conrad
$158,400
32% cheaper
Laurel
$232,700
Population
Conrad
2,553
Laurel
7,198

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Conrad
Laurel $2.96
US $3.07
🥚
Eggs (grade A, large)
Conrad
Laurel $2.41
US $2.50
🥛
Milk (whole)
Conrad
Laurel $3.88
US $4.03
🍞
Bread (white)
Conrad
Laurel $1.79
US $1.85
🍗
Chicken breast
Conrad
Laurel $4.00
US $4.14
Electricity
Conrad
Laurel $0.14
US $0.19