Mayodan, NC Cost of Living


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Mayodan cost of living score
78
Less expensive
22.0% lower
than the US average
14.3% lower
than the North Carolina average
Mayodan, North Carolina gets a BestPlaces Cost of Living score of 78, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.0% lower than the U.S. average and 14.3% higher than the average for North Carolina.

Mayodan, NC

Housing costs in Mayodan?
A typical home costs $120,200, which is 64.4% less expensive than the national average of $338,100 and 58.5% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Mayodan costs $760 per month, which is 46.9% cheaper than the national average of $1,430 and 46.1% cheaper than the state average of $1,110.

Can I afford Mayodan?
To live comfortably in Mayodan, North Carolina, a minimum annual income of $23,040 for a family, and $23,600 for a single person is recommended.

What does A.I. say about Mayodan?
The cost of living in Mayodan, NC is relatively affordable compared to other cities in the state and country. According to BestPlaces.net, the median home price is $129,800, which is lower than the national average of $184,700. Furthermore, the median household income is $36,553 which is lower than the US median of $55,322. Additionally, the cost of living index for Mayodan is 84.4 which falls below the US average of 100. These factors combined make Mayodan an affordable and attractive option for those looking for a place to call home in North Carolina.
   Cost of living score
     CategoriesMayodanNorth CarolinaUnited States
  78.091.0100.0
  91.996.5100
  95.0107.2100.0
  38.183.1100.0
  $120,200$289,300$338,100
  98.3%99.2%100.0%
  81.683.9100.0
  80.889.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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