Granite Falls, NC Cost of Living


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Granite Falls cost of living score
82.6
Less expensive
17.4% lower
than the US average
9.2% lower
than the North Carolina average
Granite Falls, North Carolina gets a BestPlaces Cost of Living score of 82.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.4% lower than the U.S. average and 9.2% higher than the average for North Carolina.

Granite Falls, NC

Housing costs in Granite Falls?
A typical home costs $228,000, which is 32.6% less expensive than the national average of $338,100 and 21.2% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Granite Falls costs $880 per month, which is 38.5% cheaper than the national average of $1,430 and 26.1% cheaper than the state average of $1,110.

Can I afford Granite Falls?
To live comfortably in Granite Falls, North Carolina, a minimum annual income of $43,560 for a family, and $28,800 for a single person is recommended.

What does A.I. say about Granite Falls?
Granite Falls, NC is a great place to live and work. The cost of living in Granite Falls is affordable compared to many other areas in North Carolina. According to the most recent data from the US Bureau of Labor Statistics, the cost of living index for Granite Falls is 90.6, which is 8.4 percent lower than the national average. Additionally, housing costs in Granite Falls are 16.5 percent lower than the state average. This makes it a great place for those looking for an affordable area with plenty of amenities and activities available to them.
   Cost of living score
     CategoriesGranite FallsNorth CarolinaUnited States
  82.691.0100.0
  94.796.5100
  129.8107.2100.0
  58.183.1100.0
  $228,000$289,300$338,100
  98.0%99.2%100.0%
  86.183.9100.0
  81.689.2100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Granite Falls
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Over 14 years ago

I was just wondering what is your source of information. I live in Granite Falls, NC, and the elevation is not 976 ft. as listed, but 1214 feet. Also, the annual  More

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