Housing costs in Spring Hope?
A typical home costs
$176,600, which is 47.8% less expensive than the national average of
$338,100 and 39.0% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Spring Hope costs
$1,020 per month, which is 28.7% cheaper than the national average of
$1,430 and 8.8% cheaper than the state average of
$1,110.
Can I afford Spring Hope?
To live comfortably in Spring Hope, North Carolina, a minimum annual income of
$33,840 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Spring Hope?
The cost of living in Spring Hope, NC is quite reasonable. Prices for basic necessities such as groceries, housing, and utilities are all relatively inexpensive compared to the national average. The median home value in Spring Hope is around $124,000, which is a great deal considering the area is only about 40 minutes away from Raleigh and other nearby cities. Renting a property in the area is also affordable with an average rent of about $850 per month. Additionally, there are few sales taxes in the area, making it even more attractive for those looking to save money on everyday items.