Housing costs in Carolina?
A typical home costs
$103,000, which is 69.5% less expensive than the national average of
$338,100 and 26.3% less expensive than the average West Virginia home, at
$139,700. Renting a two-bedroom unit in Carolina costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 6.2% cheaper than the state average of
$860.
Can I afford Carolina?
To live comfortably in Carolina, West Virginia, a minimum annual income of
$19,800 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Carolina?
The cost of living in Carolina, WV is significantly cheaper than the national average. According to Sperling’s Best Places, the cost of living index in Carolina is 84.3 while the national average stands at 100. Housing expenses in particular are cheaper than most places with a median home price of $84,200 – much lower than the rest of the country. Groceries and utilities also tend to be less expensive since Carolina is a rural area with fewer services to support a higher demand. In addition, sales tax and property taxes are both relatively low which helps keep overall expenses down for residents. Overall, those considering relocating to Carolina can do so knowing that they will benefit from lower prices on nearly everything they purchase.