What city in NC has the lowest cost of living?

What is the cheapest place to buy a house in North Carolina?

#1: Rocky Mount

With a median home sale price of $212,000, Rocky Mount lands the number one spot on our list as the most affordable place to live in North Carolina.

Is North Carolina a cheap state to live in?

The cost of living in North Carolina is 5% lower than the national average. Housing is 14% lower than the national average, while utilities are 2% lower. When it comes to basic necessities such as food and clothing, groceries are around 1% lower than in the rest of the country, while clothing costs 1% lower.

How much do you need to make in North Carolina to live comfortably?

North Carolina: While living wages vary by city, and also at the county level depending on the area, an income of $53,531 is needed to live comfortably in North Carolina, the study says.

What is a good salary in North Carolina?

The average salary in North Carolina is $39,000 per year or $18.75 per hour. Entry level positions start at $29,250 per year while most experienced workers make up to $94,238 per year.

10 Most Affordable Places to Live in North Carolina 2023

Where is the most affordable housing in North Carolina?

How affordable is North Carolina to live?

The average cost of living in North Carolina was $38,295 a year. In 2022, the median price for a family home in North Carolina was $369,500. The average cost for electricity, water, and gas/fuel in North Carolina comes in at around $260 per month.

What is the most desirable place to live in North Carolina?

What are the 10 poorest counties in North Carolina?

What is the number 1 most affordable state to live in?

The cheapest states to live in are Mississippi, Oklahoma, Kansas, Alabama, Georgia, Missouri, Iowa, Indiana, West Virginia, and Tennessee. Mississippi is the cheapest state to live in in the US, with a cost of living index of 85. The second cheapest state to live in is Oklahoma, with a cost of living index of 85.8.

What state has the most affordable living?

What NC city should I move to?

Hickory. Hickory is one of the best places to live in North Carolina for families. It's a three-time All-America City. And even though it's next to the Blue Ridge Mountains, Hickory has some of the lowest housing prices on our countdown.

Is it cheaper to live in North Carolina than New York?

Not only does North Carolina have more affordable homes, but it also has lower tax rates compared to other states, lower rent prices, and cheaper food, groceries, and utilities. In fact, the overall cost of living in North Carolina is about 45% lower than New York.

Is it less expensive to live in North or South Carolina?

The cost of living in South Carolina is generally a little bit less than that in North Carolina on average. This indicates that housing, food, transportation, and other essentials may be more reasonably priced in the state of South Carolina.

Where is lowest cost of living in us?

1. Mississippi. Coming in as the cheapest state to live in in the United States is Mississippi with a cost of living index score of 83.3. It also has the lowest average housing costs in the nation at 33.7% below the national average.

Is North Carolina red or blue?

For the last three presidential election cycles, North Carolina, a red-leaning state, has favoured the Republican presidential candidate.

What is the most liveable city in North Carolina?

Far & Wide, a popular U.S. travel publisher, has recognized Raleigh as the #1 most livable city in the United States. The study identified over 230 cities with high populations to narrow down the top 30 cities that offered safety, affordability, low traffic and pollution, and access to healthcare.

Where do most millionaires live in NC?

What is the housing problem in North Carolina?

The last two years has exacerbated the issue. The median price of a home in North Carolina rose roughly 25 percent in 2021 and an estimated 5 percent in 2022. Also, the state has 347,275 extremely low-income renter households, but only 156,365 rental units considered affordable for those families.

Is $25 an hour good in NC?

As of Feb 20, 2024, the average hourly pay for a Hourly in North Carolina is $22.57 an hour. While ZipRecruiter is seeing salaries as high as $38.45 and as low as $15.51, the majority of Hourly salaries currently range between $22.74 (25th percentile) to $25.34 (75th percentile) in North Carolina.

Is 70000 a good salary in NC?

North Carolina ranks number 15 out of 50 states nationwide for $70000 salaries.

What is middle class salary in NC?

As of Feb 15, 2024, the average annual pay for the Lower Middle Class jobs category in Charlotte is $83,140 a year. Just in case you need a simple salary calculator, that works out to be approximately $39.97 an hour. This is the equivalent of $1,598/week or $6,928/month.