Housing costs in Northwest?
A typical home costs
$203,400, which is 39.8% less expensive than the national average of
$338,100 and 29.7% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Northwest costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 5.7% cheaper than the state average of
$1,110.
Can I afford Northwest?
To live comfortably in Northwest, North Carolina, a minimum annual income of
$38,880 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Northwest?
The cost of living in Northwest, NC is generally considered to be quite affordable. The median home value is around $160,000 and the median household income is just over $45,000 - both of these numbers are significantly lower than those seen in other parts of North Carolina or across the country. Utilities, groceries, and other goods and services can also all be found at more affordable prices here. Those looking to live in a rural area with an abundance of natural beauty and small-town charm should definitely consider Northwest, NC as a great place to call home.