Housing costs in Cerro Gordo?
A typical home costs
$171,800, which is 49.2% less expensive than the national average of
$338,100 and 40.6% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Cerro Gordo 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 Cerro Gordo?
To live comfortably in Cerro Gordo, North Carolina, a minimum annual income of
$32,760 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Cerro Gordo?
The cost of living in Cerro Gordo, NC is relatively low compared to other parts of the state. The median household income is about $31,000 and the median home price is just under $90,000. The typical grocery prices are lower than what is seen in larger cities and utilities tend to be below the national average. The town also has a low crime rate and no significant traffic problems, further contributing to the low cost of living.