Housing costs in Belmont?
A typical home costs
$393,300, which is 16.3% more expensive than the national average of
$338,100 and 35.9% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Belmont costs
$1,170 per month, which is 18.2% cheaper than the national average of
$1,430 and 5.1% more than the state average of
$1,110.
Can I afford Belmont?
To live comfortably in Belmont, North Carolina, a minimum annual income of
$75,240 for a family, and
$41,600 for a single person is recommended.
What does A.I. say about Belmont?
Belmont, NC is an affordable place to live, with a cost of living that is slightly below the national average. The median home cost in Belmont is $189,800 which is lower than the US median of $219,700. Renting a one-bedroom apartment in Belmont will typically run about $850 per month, or about 16% below the national average. Groceries and utilities are also fairly low in Belmont compared to the rest of the country. Overall, Belmont proves to be an attractive and budget friendly city for potential residents looking to find their new home.