Housing costs in Lenoir?
A typical home costs
$184,500, which is 45.4% less expensive than the national average of
$338,100 and 36.2% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Lenoir costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 40.5% cheaper than the state average of
$1,110.
Can I afford Lenoir?
To live comfortably in Lenoir, North Carolina, a minimum annual income of
$35,280 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Lenoir?
The cost of living in Lenoir, NC is quite reasonable. According to BestPlaces’s Cost of Living Index, Lenoir has a cost of living index score of 72.2, which is lower than the U.S. national average score of 100. This means that many basic costs such as housing, groceries, and transportation are more affordable in Lenoir compared to other areas of the country. Additionally, the state has a low overall tax rate which helps to keep the cost of living low for residents in Lenoir and throughout North Carolina.