Housing costs in Alamance?
A typical home costs
$360,700, which is 6.7% more expensive than the national average of
$338,100 and 24.7% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Alamance costs
$1,100 per month, which is 23.1% cheaper than the national average of
$1,430 and close to the state average of
$1,110.
Can I afford Alamance?
To live comfortably in Alamance, North Carolina, a minimum annual income of
$69,120 for a family, and
$36,000 for a single person is recommended.
What does A.I. say about Alamance?
The cost of living in Alamance, NC is relatively low. The median home value is around $180,000 and the median household income is around $50,000. Although housing prices have seen some slight increases over the past few years, they are still quite affordable compared to other areas of the state. In addition, basic necessities such as food and utilities are also quite reasonable. As a result, many people choose to live in Alamance because it provides an excellent quality of life at an affordable cost.