Danbury, NC Cost of Living


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Danbury cost of living score
81.1
Less expensive
18.9% lower
than the US average
10.9% lower
than the North Carolina average
Danbury, North Carolina gets a BestPlaces Cost of Living score of 81.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 18.9% lower than the U.S. average and 10.9% higher than the average for North Carolina.

Danbury, NC

Housing costs in Danbury?
A typical home costs $170,800, which is 49.5% less expensive than the national average of $338,100 and 41.0% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Danbury costs $840 per month, which is 41.3% cheaper than the national average of $1,430 and 32.1% cheaper than the state average of $1,110.

Can I afford Danbury?
To live comfortably in Danbury, North Carolina, a minimum annual income of $32,760 for a family, and $28,000 for a single person is recommended.

What does A.I. say about Danbury?
The cost of living in Danbury, NC is relatively low. The overall cost of living index is 81.1, which is 19.9% lower than the national average. This low cost of living makes it attractive to those who are looking for an affordable place to call home. Housing costs are generally very reasonable, with the median home price being just over $100,000 and rent averaging around $550 a month. Groceries, transportation and healthcare also tend to be less expensive than in other areas of the country. All these factors make Danbury an attractive place for those looking to move without breaking the bank.
   Cost of living score
     CategoriesDanburyNorth CarolinaUnited States
  81.191.0100.0
  94.396.5100
  98.2107.2100.0
  42.783.1100.0
  $170,800$289,300$338,100
  102.1%99.2%100.0%
  89.283.9100.0
  82.589.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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