Housing costs in North Carolina?
A typical home costs
$289,300, which is 14.4% less expensive than the national average of
$338,100 and 0.0% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in North Carolina costs
$1,110 per month, which is 22.4% cheaper than the national average of
$1,430 and close to the state average of
$1,110.
Can I afford North Carolina?
To live comfortably in North Carolina, a minimum annual income of
$55,440 for a family, and
$38,000 for a single person is recommended.
What does A.I. say about North Carolina?
The cost of living in North Carolina is generally quite affordable, making it an attractive destination for those seeking to keep their expenses in check. The median home price in the state is $215,895, which is slightly lower than the national median. The average rent for a one bedroom apartment is $755 per month, and utilities typically range between $100-$150 per month. Grocery costs are also relatively low; the cost of food in North Carolina is almost 10% below the national average. Depending on region and lifestyle, overall cost of living can range from 8-15% below the national average.