Housing costs in Morganton?
A typical home costs
$216,500, which is 36.0% less expensive than the national average of
$338,100 and 25.2% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Morganton costs
$1,290 per month, which is 9.8% cheaper than the national average of
$1,430 and 14.0% more than the state average of
$1,110.
Can I afford Morganton?
To live comfortably in Morganton, North Carolina, a minimum annual income of
$41,400 for a family, and
$42,400 for a single person is recommended.
What does A.I. say about Morganton?
The cost of living in Morganton, NC is quite reasonable compared to many parts of the country. Housing costs are typically lower than the national average and groceries are reasonably priced as well. Utility rates tend to fluctuate depending on the season. However, overall they remain about average for the area. Overall, Morganton provides a great cost of living with plenty of amenities.