Hickory-Lenoir-Morganton Metro Area, NC Cost of Living


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United States / North Carolina / Hickory-Lenoir-Morganton Metro Area / Counties / Cities / Zip Codes

Hickory-Lenoir-Morganton cost of living score
85.9
Less expensive
14.1% lower
than the US average
5.6% lower
than the North Carolina average
Hickory-Lenoir-Morganton North Carol Metro Area, North Carolina gets a BestPlaces Cost of Living score of 85.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.1% lower than the U.S. average and 5.6% higher than the average for North Carolina.

Hickory-Lenoir-Morganton Metro Area, NC

Housing costs in Hickory-Lenoir-Morganton?
A typical home costs $228,300, which is 32.5% less expensive than the national average of $338,100 and 21.1% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Hickory-Lenoir-Morganton costs $790 per month, which is 44.8% cheaper than the national average of $1,430 and 40.5% cheaper than the state average of $1,110.

Can I afford Hickory-Lenoir-Morganton?
To live comfortably in Hickory-Lenoir-Morganton North Carol Metro Area, North Carolina, a minimum annual income of $43,920 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Hickory-Lenoir-Morganton?
The cost of living in Hickory-Lenoir-Morganton, NC Metro Area is 85.9, which is significantly lower than the national average of 100. This makes it an attractive place to live, as the median house value in the area is just $228,300, far below the US average of $338,100. The lower cost of living can allow residents to enjoy a higher quality of life with less financial stress than other parts of the country.
   Cost of living score
     CategoriesHickory-Lenoir-MorgantonNorth CarolinaUnited States
  85.991.0100.0
  95.696.5100
  126.6107.2100.0
  61.883.1100.0
  $228,300$289,300$338,100
  96.9%99.2%100.0%
  84.183.9100.0
  87.189.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime