Housing costs in Faith?
A typical home costs
$231,500, which is 31.5% less expensive than the national average of
$338,100 and 20.0% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Faith costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 19.4% cheaper than the state average of
$1,110.
Can I afford Faith?
To live comfortably in Faith, North Carolina, a minimum annual income of
$44,280 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Faith?
The cost of living in Faith, NC is surprisingly affordable. The median home value in Faith is $138,600, which is much lower than the national average of $184,700. Similarly, the median rent for an apartment or house is around $850 per month; compared to $1,040 nationally. The cost of basic necessities such as food and utilities are also slightly lower than the national average. In addition, Faith has a very low unemployment rate of 3.6%, meaning that many residents can find meaningful employment to help support their families and cover living expenses. Overall, Faith offers an incredible quality of life at an affordable price in comparison to other cities across the nation.