Housing costs in Gatesville?
A typical home costs
$172,100, which is 49.1% less expensive than the national average of
$338,100 and 40.5% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Gatesville costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 27.6% cheaper than the state average of
$1,110.
Can I afford Gatesville?
To live comfortably in Gatesville, North Carolina, a minimum annual income of
$33,120 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Gatesville?
The cost of living in Gatesville, NC is generally considered to be lower than the national average. According to the Cost of Living Index, Gatesville is about 8.5% lower than the U.S. average. This means that both necessities and luxuries like clothing, food, housing, and utilities are cheaper in Gatesville compared to other areas in the country. Additionally, with no state income tax, residents here can keep more of their hard-earned money in their pockets. With a low cost of living and no state income tax, life in Gatesville is an affordable option for many people looking for a place to call home.