Bingham, NC Cost of Living


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Bingham cost of living score
107.8
More expensive
7.8% higher
than the US average
18.5% higher
than the North Carolina average
Bingham, North Carolina gets a BestPlaces Cost of Living score of 107.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.8% higher than the U.S. average and 18.5% higher than the average for North Carolina.

Bingham, NC

Housing costs in Bingham?
A typical home costs $0, which is 100.0% less expensive than the national average of $338,100 and 100.0% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Bingham costs $1,210 per month, which is 15.4% cheaper than the national average of $1,430 and 8.3% more than the state average of $1,110.

Can I afford Bingham?
To live comfortably in Bingham, North Carolina, a minimum annual income of $76,320 for a family, and $41,200 for a single person is recommended.

What does A.I. say about Bingham?
Bingham, NC is an ideal place to live with its low cost of living compared to the US average. According to data from sources like the US Census Bureau, Bingham’s median house value is significantly lower than the national average of $338,100. This means that residents in this area are able to purchase homes at a much more affordable rate than those located elsewhere. Additionally, the cost of living in Bingham is lower than the national average of 100. This savings on housing costs combined with other expenses can be beneficial for those looking to purchase or rent a home in this area.
   Cost of living score
     CategoriesBinghamNorth CarolinaUnited States
  107.891.0100.0
   96.5100
Health 107.2100

   100=National Average

   Average Rent by Bedroom Size
Crime
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