Housing costs in Faison?
A typical home costs
$108,800, which is 67.8% less expensive than the national average of
$338,100 and 62.4% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Faison 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 Faison?
To live comfortably in Faison, North Carolina, a minimum annual income of
$20,880 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Faison?
The cost of living in Faison, NC is relatively low compared to other places in the United States. According to recent data from the US Census Bureau, the median household income for Faison, NC is $39,746 per year, which is relatively lower than the national median of $61,937 per year. Furthermore, the housing cost index in Faison is 97.6%, which is lower than the national average of 100%. This suggests that housing costs are generally lower compared to other places across the country. Additionally, utilities and transportation costs tend to be cheaper as well when compared with other cities. All these factors combine to make Faison an affordable place to live for those who are looking for an inexpensive place to call home.