Lake Lure, NC Cost of Living


3 Reviews



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Lake Lure cost of living score
81.5
Less expensive
18.5% lower
than the US average
10.4% lower
than the North Carolina average
Lake Lure, North Carolina gets a BestPlaces Cost of Living score of 81.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 18.5% lower than the U.S. average and 10.4% higher than the average for North Carolina.

Lake Lure, NC

Housing costs in Lake Lure?
A typical home costs $437,200, which is 29.3% more expensive than the national average of $338,100 and 51.1% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Lake Lure costs $770 per month, which is 46.2% cheaper than the national average of $1,430 and 44.2% cheaper than the state average of $1,110.

Can I afford Lake Lure?
To live comfortably in Lake Lure, North Carolina, a minimum annual income of $83,880 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Lake Lure?
The cost of living in Lake Lure, NC is fairly affordable compared to other areas in North Carolina. The median home price in the area is around $275,000 which is lower than the state median of $323,208. Grocery and health care costs are also relatively low compared to other cities in the state. Additionally, property taxes are lower than many other North Carolina communities as well. All these factors make Lake Lure an affordable place to call home for those looking for a pleasant quality of life without breaking the bank.
   Cost of living score
     CategoriesLake LureNorth CarolinaUnited States
  81.591.0100.0
  103.196.5100
  124.1107.2100.0
  112.283.1100.0
  $437,200$289,300$338,100
  99.0%99.2%100.0%
  70.083.9100.0
  81.189.2100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Lake Lure
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I was only here on vacation for about a week or so... But in this relatively-short span of time, I came to not only love this place, but also adore it. I also adore  More

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Lake Lure has a retirement community that has been slowly discovered - Rumbling Bald Mountain Resort. This small lake area community has beautiful mountain views,  More

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Over 14 years ago

Hello My wife and I have lived in Lake Lure in the Hickory full time since 2002. It is in many ways the best kept secret in Western NC. We live in the Rumbling Bald  More

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