Housing costs in Pembroke?
A typical home costs
$128,600, which is 62.0% less expensive than the national average of
$338,100 and 55.5% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Pembroke costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 48.0% cheaper than the state average of
$1,110.
Can I afford Pembroke?
To live comfortably in Pembroke, North Carolina, a minimum annual income of
$24,480 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Pembroke?
The cost of living in Pembroke, NC is quite affordable compared to many other cities. According to the BestPlaces Cost of Living Index, Pembroke's overall index score is 79.54, which places it below the US average of 100 and indicates that the city is cheaper than most other places in America. Groceries, restaurants, and transportation are all relatively inexpensive here. Additionally, housing costs are some of the lowest in North Carolina; the median home price in 2019 was just $112,000. With its budget-friendly prices and charming hometown atmosphere, Pembroke offers a great quality of life for those looking for an affordable place to live.