Bailey, NC Cost of Living


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Bailey cost of living score
80.7
Less expensive
19.3% lower
than the US average
11.3% lower
than the North Carolina average
Bailey, North Carolina gets a BestPlaces Cost of Living score of 80.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.3% lower than the U.S. average and 11.3% higher than the average for North Carolina.

Bailey, NC

Housing costs in Bailey?
A typical home costs $210,000, which is 37.9% less expensive than the national average of $338,100 and 27.4% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Bailey costs $830 per month, which is 42.0% cheaper than the national average of $1,430 and 33.7% cheaper than the state average of $1,110.

Can I afford Bailey?
To live comfortably in Bailey, North Carolina, a minimum annual income of $40,320 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Bailey?
The cost of living in Bailey, NC is fairly reasonable compared to other parts of the country. The median home value in Bailey is around $150,000 and the median rent is just over $1000 per month. Groceries and utilities are generally affordable as well. Despite having a lower cost of living than many other areas, there are still plenty of amenities and activities available in Bailey. From shopping centers to museums and theaters, there is something for everyone in this small but vibrant town.
   Cost of living score
     CategoriesBaileyNorth CarolinaUnited States
  80.791.0100.0
  95.396.5100
  105.3107.2100.0
  60.083.1100.0
  $210,000$289,300$338,100
  100.7%99.2%100.0%
  76.783.9100.0
  88.989.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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