Midway, NC Cost of Living


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Midway cost of living score
83.7
Less expensive
16.3% lower
than the US average
8.0% lower
than the North Carolina average
Midway, North Carolina gets a BestPlaces Cost of Living score of 83.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.3% lower than the U.S. average and 8.0% higher than the average for North Carolina.

Midway, NC

Housing costs in Midway?
A typical home costs $192,900, which is 42.9% less expensive than the national average of $338,100 and 33.3% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Midway costs $940 per month, which is 34.3% cheaper than the national average of $1,430 and 18.1% cheaper than the state average of $1,110.

Can I afford Midway?
To live comfortably in Midway, North Carolina, a minimum annual income of $37,080 for a family, and $31,200 for a single person is recommended.

What does A.I. say about Midway?
The cost of living in Midway, NC is very affordable. The median household income is $32,120 which is lower than the US average of $63,179. The housing costs are also quite low with a median home price of just under $140,000 and rental costs averaging around $860 per month. Groceries and other items tend to be on the lower end as well due to the rural nature of the area. Overall, Midway is an ideal location for those looking for inexpensive living without sacrificing quality or access to amenities.
   Cost of living score
     CategoriesMidwayNorth CarolinaUnited States
  83.791.0100.0
  94.896.5100
  99.2107.2100.0
  70.183.1100.0
  $192,900$289,300$338,100
  99.5%99.2%100.0%
  81.683.9100.0
  86.689.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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