Housing costs in Bald Head Island?
A typical home costs
$1,061,800, which is 214.0% more expensive than the national average of
$338,100 and 267.0% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Bald Head Island costs
$1,030 per month, which is 28.0% cheaper than the national average of
$1,430 and 7.8% cheaper than the state average of
$1,110.
Can I afford Bald Head Island?
To live comfortably in Bald Head Island, North Carolina, a minimum annual income of
$203,400 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Bald Head Island?
The cost of living in Bald Head Island, NC is significantly higher than the national average. The median home price in the city is around $450,000 and rental prices are also quite high, with the average rent for a two-bedroom apartment reaching upwards of $2,500 per month. However, those who live on the island have access to a variety of amenities like golf courses, beaches and dining options that can make up for some of this added expense. In addition, there are no property taxes or sales taxes on Bald Head Island which helps to offset some of the cost. All in all, despite its somewhat expensive nature, Bald Head Island remains an attractive option for potential residents looking to enjoy the beauty and convenience of coastal living.