Drexel, NC Cost of Living


1 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Drexel cost of living score
84.8
Less expensive
15.2% lower
than the US average
6.8% lower
than the North Carolina average
Drexel, North Carolina gets a BestPlaces Cost of Living score of 84.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.2% lower than the U.S. average and 6.8% higher than the average for North Carolina.

Drexel, NC

Housing costs in Drexel?
A typical home costs $154,900, which is 54.2% less expensive than the national average of $338,100 and 46.5% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Drexel costs $1,140 per month, which is 20.3% cheaper than the national average of $1,430 and 2.6% more than the state average of $1,110.

Can I afford Drexel?
To live comfortably in Drexel, North Carolina, a minimum annual income of $29,520 for a family, and $37,600 for a single person is recommended.

What does A.I. say about Drexel?
The cost of living in Drexel, NC is relatively low compared to surrounding areas. According to the most recent data from the US Census Bureau, the median home value in Drexel is $131,100 and the median household income is $45,341. This means that housing costs are relatively affordable and there is a broad range of job opportunities available in the area. Additionally, groceries, healthcare, transportation and utilities are also generally lower than other nearby cities. Overall, Drexel provides an attractive option for those looking to live comfortably within their budget.
   Cost of living score
     CategoriesDrexelNorth CarolinaUnited States
  84.891.0100.0
  94.396.5100
  127.0107.2100.0
  48.383.1100.0
  $154,900$289,300$338,100
  96.6%99.2%100.0%
  82.683.9100.0
  82.689.2100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Drexel
    See all (1)

Over 5 years ago

I grew up in this area and now live close by. Great small quaint town. Restaurants and shopping are 10 minutes  More

   |    Reply

Start Your Review of Drexel

Crime
Compare Drexel, NC cost of living
Compare food, housing, utilities, and more in Drexel, North Carolina to any other city in the US.