Scotch Meadows, NC Cost of Living


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Scotch Meadows cost of living score
70.3
Less expensive
29.7% lower
than the US average
22.7% lower
than the North Carolina average
Scotch Meadows, North Carolina gets a BestPlaces Cost of Living score of 70.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.7% lower than the U.S. average and 22.7% higher than the average for North Carolina.

Scotch Meadows, NC

Housing costs in Scotch Meadows?
A typical home costs $208,100, which is 38.5% less expensive than the national average of $338,100 and 28.1% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Scotch Meadows 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 Scotch Meadows?
To live comfortably in Scotch Meadows, North Carolina, a minimum annual income of $39,960 for a family, and $23,200 for a single person is recommended.

What does A.I. say about Scotch Meadows?
The cost of living in Scotch Meadows, NC is fairly low when compared to other parts of the country. Housing costs in particular are very affordable, with the median price for a home being around $150,000. Utilities are also quite reasonable, and groceries and other goods typically cost about the same as elsewhere in North Carolina. The local economy is largely based on the farming and outdoor recreational activities the area has to offer. All this makes Scotch Meadows an ideal place for those looking for a more affordable place to live without sacrificing quality of life.
   Cost of living score
     CategoriesScotch MeadowsNorth CarolinaUnited States
  70.391.0100.0
  93.796.5100
  112.4107.2100.0
  73.983.1100.0
  $208,100$289,300$338,100
  99.9%99.2%100.0%
  70.583.9100.0
  79.489.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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