Housing costs in Hamlet?
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 Hamlet costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 42.3% cheaper than the state average of
$1,110.
Can I afford Hamlet?
To live comfortably in Hamlet, North Carolina, a minimum annual income of
$20,880 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Hamlet?
The cost of living in Hamlet, NC is quite affordable compared to the national average. According to BestPlaces.net, the cost of living index for Hamlet is 81 which is 19% lower than the US average. The median home cost in Hamlet is $93,400 and the median household income is $35,244 which shows that the housing market is much more affordable than other areas in North Carolina as well as across the entire country. Residents enjoy a wide range of amenities and activities for a relatively low cost, making it an ideal place to live on a budget.