Mills River, NC Cost of Living


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Mills River cost of living score
102.4
More expensive
2.4% higher
than the US average
12.5% higher
than the North Carolina average
Mills River, North Carolina gets a BestPlaces Cost of Living score of 102.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 2.4% higher than the U.S. average and 12.5% higher than the average for North Carolina.

Mills River, NC

Housing costs in Mills River?
A typical home costs $471,500, which is 39.5% more expensive than the national average of $338,100 and 63.0% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Mills River costs $1,540 per month, which is 7.7% more than the national average of $1,430 and 27.9% more than the state average of $1,110.

Can I afford Mills River?
To live comfortably in Mills River, North Carolina, a minimum annual income of $90,360 for a family, and $54,800 for a single person is recommended.

What does A.I. say about Mills River?
The cost of living in Mills River, NC is relatively low compared to other parts of the country. According to BestPlaces, a website that compares the cost of living between cities and regions, the cost of living index for Mills River is 81.3, which is 19.7% lower than the average for the United States as a whole. This means that residents of Mills River can enjoy amenities and services at reasonable prices without breaking the bank. The housing market in Mills River also offers an array of affordable options for those looking to call it home. With its combination of low costs and rural charm, Mills River is an attractive destination for anyone seeking a comfortable place to live on a budget.
   Cost of living score
     CategoriesMills RiverNorth CarolinaUnited States
  102.491.0100.0
  103.296.5100
  125.7107.2100.0
  132.083.1100.0
  $471,500$289,300$338,100
  100.6%99.2%100.0%
  88.783.9100.0
  110.689.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Mills River, NC cost of living
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