Can A Carpenter Afford Rent in Laurel, MT?

Comfortably affordable — rent takes 28.8% of gross income.

Laurel rent: June 2026. Salary: BLS OEWS May 2024 (Montana state estimate).

Laurel median rent
$1,286/mo
Carpenter salary (Montana)
$53,627/yr
Rent as % of income
28.8%
Gross monthly income works out to about $4,469, and the 30% rule supports up to $1,341/mo in rent. Laurel's median rent of $1,286 leaves roughly $55/mo of headroom under that threshold. A carpenter works roughly 49.9 hours a month to cover that rent.

About rent and a carpenter salary

Carpenter pay sits modestly above the US median household income and covers comfortable rent in most lower- and mid-cost metros. Union carpenters in high-cost cities often earn well above the BLS mean. At the national-average carpenter salary, the 30% rule supports about $1,524 a month in rent.

Cheaper rent nearby

These Montana cities have lower median rent than Laurel, which improves the affordability math on a carpenter salary:

Butte, MT
$1,277/mo (28.6% of income)
Butte, MT
$1,255/mo (28.1% of income)
Butte, MT
$1,243/mo (27.8% of income)

Compare with full rent data for Laurel

View full rent data for Laurel, MT

Frequently asked questions

Can a carpenter afford rent in Laurel, MT?

Median rent in Laurel is $1,286 a month. A typical carpenter in Montana earns about $53,627 a year, which makes that rent 28.8% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a carpenter afford in Laurel?

Using the 30% rule, a carpenter salary in Montana (~$53,627/yr) supports up to $1,341 a month in rent. Laurel's current median rent is $1,286/mo, which leaves a $55/mo buffer.

How many hours does a carpenter work to cover rent in Laurel?

At an hourly equivalent of about $26 an hour, a carpenter in Montana works roughly 49.9 hours a month to cover Laurel's median rent of $1,286.

Where is rent cheaper than Laurel for a carpenter?

Nearby Montana cities with lower median rent include Butte ($1,277/mo), Butte ($1,255/mo), Butte ($1,243/mo). Each shifts the affordability math materially on a carpenter salary.

Methodology: Salary uses the BLS-derived Montana state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Laurel, MT. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.