Laurel, DE vs Wyoming, DE

There is a significant gap in the cost of living between these two cities. Laurel is 18.9% cheaper than Wyoming. With a cost index of 78 vs 96, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Laurel to Wyoming should plan for substantially higher expenses across most categories.

On the housing front, median rent in Laurel is $924/month compared to $1,389/month in Wyoming — a 34% difference. Home values follow the same pattern: Laurel is more affordable at $192,700 median vs $263,000.

Median household income in Laurel is $44,593 compared to $66,815 in Wyoming (-33.3%). While Wyoming is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Laurel spend roughly 24.9% of their income on rent, less than the 24.9% in Wyoming.