Housing costs in Spring Lake?
A typical home costs
$192,300, which is 43.1% less expensive than the national average of
$338,100 and 33.5% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Spring Lake costs
$1,080 per month, which is 24.5% cheaper than the national average of
$1,430 and 2.8% cheaper than the state average of
$1,110.
Can I afford Spring Lake?
To live comfortably in Spring Lake, North Carolina, a minimum annual income of
$36,720 for a family, and
$37,600 for a single person is recommended.
What does A.I. say about Spring Lake?
The cost of living in Spring Lake, NC is quite reasonable. Compared to other cities in the area, it is relatively cheaper. The average home value in Spring Lake is around $120,000 and the median household income is about $40,000. This allows for a comfortable lifestyle without breaking the bank. Additionally, there are many affordable restaurants and grocery stores throughout the city for residents to take advantage of. Taxes are also lower than most areas, making it even more attractive to those looking to move to this charming community.