Marvin, NC Cost of Living


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Marvin cost of living score
106.2
More expensive
6.2% higher
than the US average
16.7% higher
than the North Carolina average
Marvin, North Carolina gets a BestPlaces Cost of Living score of 106.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 6.2% higher than the U.S. average and 16.7% higher than the average for North Carolina.

Marvin, NC

Housing costs in Marvin?
A typical home costs $971,000, which is 187.2% more expensive than the national average of $338,100 and 235.6% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Marvin costs $1,510 per month, which is 5.6% more than the national average of $1,430 and 26.5% more than the state average of $1,110.

Can I afford Marvin?
To live comfortably in Marvin, North Carolina, a minimum annual income of $186,120 for a family, and $53,600 for a single person is recommended.

What does A.I. say about Marvin?
Marvin, NC is known for its low cost of living. Housing prices are much lower than the national average and the city offers a variety of rental options. People looking to buy a home in Marvin will find that most homes are affordably priced, making it an attractive option for first-time buyers or those looking to downsize. Groceries, gas, and other everyday items are also generally less expensive than in larger cities. In addition, the local taxes are relatively low, making it easier for residents to budget their finances. All in all, Marvin is an affordable place to live with a lot of potential for economic growth.
   Cost of living score
     CategoriesMarvinNorth CarolinaUnited States
  106.291.0100.0
  103.696.5100
  97.2107.2100.0
  285.783.1100.0
  $971,000$289,300$338,100
  100.4%99.2%100.0%
  105.283.9100.0
  111.789.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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