Montreat, NC Cost of Living


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Montreat cost of living score
105.8
More expensive
5.8% higher
than the US average
16.3% higher
than the North Carolina average
Montreat, North Carolina gets a BestPlaces Cost of Living score of 105.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.8% higher than the U.S. average and 16.3% higher than the average for North Carolina.

Montreat, NC

Housing costs in Montreat?
A typical home costs $553,200, which is 63.6% more expensive than the national average of $338,100 and 91.2% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Montreat costs $1,300 per month, which is 9.1% cheaper than the national average of $1,430 and 14.6% more than the state average of $1,110.

Can I afford Montreat?
To live comfortably in Montreat, North Carolina, a minimum annual income of $105,840 for a family, and $46,000 for a single person is recommended.

What does A.I. say about Montreat?
The cost of living in Montreat is relatively affordable compared to many other areas in the United States. According to BestPlaces, the cost of living index is 79.08, which is lower than the U.S. average of 100. The cost of housing and utilities is particularly low – lower than many other cities in North Carolina or even nationwide. The median home price in Montreat is just below $200,000, making it a great option for those looking to purchase a home without breaking their budget. Additionally, groceries are much more affordable than other cities with prices for basic items like milk and eggs being significantly lower than most places around the country. All in all, Montreat is an ideal location for those looking for an affordable place to live with plenty of beautiful scenery and outdoor activities available in the surrounding area.
   Cost of living score
     CategoriesMontreatNorth CarolinaUnited States
  105.891.0100.0
  103.896.5100
  122.9107.2100.0
  171.883.1100.0
  $553,200$289,300$338,100
  92.8%99.2%100.0%
  86.183.9100.0
  111.389.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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