Housing costs in Canton?
A typical home costs
$245,500, which is 27.4% less expensive than the national average of
$338,100 and 15.1% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Canton costs
$1,360 per month, which is 4.9% cheaper than the national average of
$1,430 and 18.4% more than the state average of
$1,110.
Can I afford Canton?
To live comfortably in Canton, North Carolina, a minimum annual income of
$47,160 for a family, and
$48,000 for a single person is recommended.
What does A.I. say about Canton?
The cost of living in Canton, NC is relatively low compared to other places in the United States. The median home value is $170,100 and the median rent is just over $1,000 per month. Furthermore, groceries, transportation costs and health care are all generally cheaper than the national average. This makes it an attractive place for people wanting a more affordable way of life. The neighborhoods are safe and crime rates are low. Overall, Canton offers great value for money when it comes to day-to-day living expenses.