Housing costs in Cherokee?
A typical home costs
$179,500, which is 46.9% less expensive than the national average of
$338,100 and 38.0% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Cherokee costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 29.1% cheaper than the state average of
$1,110.
Can I afford Cherokee?
To live comfortably in Cherokee, North Carolina, a minimum annual income of
$34,560 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Cherokee?
The cost of living in Cherokee, NC is quite affordable. Compared to the national average, it is 8.3% lower and offers great value for money. Housing costs are particularly attractive with median home values around $112,000 and monthly rent averaging at approximately $600 per month for a one-bedroom apartment. Additionally, the cost of groceries and utilities is relatively low, making it easier to save money while living comfortably. Other amenities such as dining out and entertainment are also reasonably priced - perfect for those looking to enjoy all that Cherokee has to offer without breaking the bank.