Housing costs in Southmont?
A typical home costs
$215,000, which is 36.4% less expensive than the national average of
$338,100 and 25.7% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Southmont costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 29.1% cheaper than the state average of
$1,110.
Can I afford Southmont?
To live comfortably in Southmont, North Carolina, a minimum annual income of
$41,040 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Southmont?
The cost of living in Southmont, NC is relatively affordable. The median home price in the area is around $140,000, and the median household income is just shy of $50,000. The overall cost of living index for the region is about 10% lower than the national average, making it an attractive option for those looking to relocate to a new city or town. Additionally, Southmont has low taxes and a good variety of public services and amenities available to residents. As such, Southmont can be an attractive place to settle down.