Housing costs in Louisburg?
A typical home costs
$287,600, which is 14.9% less expensive than the national average of
$338,100 and 0.6% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Louisburg costs
$1,130 per month, which is 21.0% cheaper than the national average of
$1,430 and close to the state average of
$1,110.
Can I afford Louisburg?
To live comfortably in Louisburg, North Carolina, a minimum annual income of
$55,080 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Louisburg?
The cost of living in Louisburg, NC is quite affordable compared to other cities across the country. The median home value is just over $130,000 and the median rent is around $950 per month. The area also boasts a low unemployment rate of 4.2%, which makes it attractive for those looking to relocate or start a business. In addition, the average grocery bill comes out to be around $50-$85 per week for a family of four, and the local gas prices remain consistently low compared to other cities in North Carolina. All in all, Louisburg offers individuals and families an affordable place to call home that still offers plenty of amenities and services.