Housing costs in Chapel Hill?
A typical home costs
$550,100, which is 62.7% more expensive than the national average of
$338,100 and 90.1% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Chapel Hill costs
$1,390 per month, which is 2.8% cheaper than the national average of
$1,430 and 20.1% more than the state average of
$1,110.
Can I afford Chapel Hill?
To live comfortably in Chapel Hill, North Carolina, a minimum annual income of
$105,480 for a family, and
$47,600 for a single person is recommended.
What does A.I. say about Chapel Hill?
Chapel Hill, NC is a great option for those looking for a higher quality of life. The house median value in Chapel Hill is $550,100, which is significantly higher than the US average of $338,100. Moreover, the cost of living in Chapel Hill is 116 compared to the US average of 100, meaning that goods and services cost an average of 16% more in Chapel Hill than they do in the rest of the country. All these factors combined make Chapel Hill an attractive place to live with a high standard of living.