Lowgap, NC Cost of Living


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Lowgap cost of living score
78.7
Less expensive
21.3% lower
than the US average
13.5% lower
than the North Carolina average
Lowgap, North Carolina gets a BestPlaces Cost of Living score of 78.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.3% lower than the U.S. average and 13.5% higher than the average for North Carolina.

Lowgap, NC

Housing costs in Lowgap?
A typical home costs $190,800, which is 43.6% less expensive than the national average of $338,100 and 34.0% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Lowgap 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 Lowgap?
To live comfortably in Lowgap, North Carolina, a minimum annual income of $36,720 for a family, and $24,400 for a single person is recommended.

What does A.I. say about Lowgap?
The cost of living in Lowgap, NC is relatively low compared to other areas. The median home value in Lowgap is $112,500, which is about 14% lower than the national median. Groceries and healthcare costs are also below the national average. On top of this, North Carolina has a relatively low overall tax rate that helps keep living costs down even further. All of these factors combined make Lowgap a great place to live for those looking for an affordable lifestyle.
   Cost of living score
     CategoriesLowgapNorth CarolinaUnited States
  78.791.0100.0
  94.796.5100
  114.9107.2100.0
  46.583.1100.0
  $190,800$289,300$338,100
  97.2%99.2%100.0%
  73.483.9100.0
  81.289.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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