Germanton, NC Cost of Living


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Germanton cost of living score
84.3
Less expensive
15.7% lower
than the US average
7.4% lower
than the North Carolina average
Germanton, North Carolina gets a BestPlaces Cost of Living score of 84.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.7% lower than the U.S. average and 7.4% higher than the average for North Carolina.

Germanton, NC

Housing costs in Germanton?
A typical home costs $210,400, which is 37.8% less expensive than the national average of $338,100 and 27.3% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Germanton costs $760 per month, which is 46.9% cheaper than the national average of $1,430 and 46.1% cheaper than the state average of $1,110.

Can I afford Germanton?
To live comfortably in Germanton, North Carolina, a minimum annual income of $40,320 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Germanton?
Germanton, NC offers a low cost of living and is an attractive option for those looking for an affordable place to settle. With median home prices that are well below the national average and a lower than normal tax rate, Germanton provides a great opportunity for families looking to buy their first home. Additionally, the city boasts numerous restaurants, grocery stores, parks, and entertainment venues that make it perfect for anyone interested in embracing a small-town way of life. All of these factors come together to create an environment with a low cost of living that is sure to appeal to many potential residents.
   Cost of living score
     CategoriesGermantonNorth CarolinaUnited States
  84.391.0100.0
  95.696.5100
  96.4107.2100.0
  56.983.1100.0
  $210,400$289,300$338,100
  95.5%99.2%100.0%
  77.083.9100.0
  109.089.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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