Housing costs in Hot Springs?
A typical home costs
$299,600, which is 11.4% less expensive than the national average of
$338,100 and 3.6% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Hot Springs costs
$1,280 per month, which is 10.5% cheaper than the national average of
$1,430 and 13.3% more than the state average of
$1,110.
Can I afford Hot Springs?
To live comfortably in Hot Springs, North Carolina, a minimum annual income of
$57,240 for a family, and
$45,200 for a single person is recommended.
What does A.I. say about Hot Springs?
Hot Springs, NC has a cost of living that is slightly lower than the national average. The housing costs in Hot Springs are very reasonable for both homeowners and renters. A one-bedroom apartment averages around $500 a month, and homes typically list for around $200,000. Most basic necessities are also affordable in Hot Springs, including food, healthcare, gas and utilities. Overall, living in Hot Springs is relatively inexpensive compared to other parts of North Carolina.