Housing costs in Swannanoa?
A typical home costs
$353,300, which is 4.5% more expensive than the national average of
$338,100 and 22.1% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Swannanoa costs
$1,340 per month, which is 6.3% cheaper than the national average of
$1,430 and 17.2% more than the state average of
$1,110.
Can I afford Swannanoa?
To live comfortably in Swannanoa, North Carolina, a minimum annual income of
$67,680 for a family, and
$47,600 for a single person is recommended.
What does A.I. say about Swannanoa?
The cost of living in Swannanoa, NC is relatively low compared to other cities in the United States. According to BestPlaces.net, the composite index for Swannanoa is 88.3, which is lower than the U.S. average of 100. Housing expenses are particularly affordable, with the median home value being only $171,200 and median rent amounting to $860 per month. The cost of goods and services is also lower than average, enabling residents to live comfortably on their incomes without having to worry about expensive prices for everyday items or services. Furthermore, the state income tax rate of 5.25% and unemployment rate of 4% are below national averages as well making it a great place for people who would like to save money while living.