Housing costs in Patterson Springs?
A typical home costs
$162,700, which is 51.9% less expensive than the national average of
$338,100 and 43.8% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Patterson Springs 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 Patterson Springs?
To live comfortably in Patterson Springs, North Carolina, a minimum annual income of
$31,320 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Patterson Springs?
The cost of living in Patterson Springs, NC is quite reasonable compared to other areas of the country. The city's median home price is lower than the national average, and the overall cost of living index for the area is 1% below the United States average. Residents enjoy a variety of housing options ranging from single family homes to townhouses and condos; all are reasonably priced. Groceries, utilities, and transportation costs are also relatively low, helping to keep the overall cost of living in Patterson Springs affordable for its residents. Additionally, there are no state income taxes here which makes it attractive for retirees who want to stretch their budgets further.