Housing costs in Murphy?
A typical home costs
$271,400, which is 19.7% less expensive than the national average of
$338,100 and 6.2% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Murphy costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 33.7% cheaper than the state average of
$1,110.
Can I afford Murphy?
To live comfortably in Murphy, North Carolina, a minimum annual income of
$51,840 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Murphy?
The cost of living in Murphy, NC is quite reasonable. The median home price is $140,000 and the median rent is $841 per month. Goods and services are also relatively affordable, with the overall cost of living 12% lower than the national average. Groceries, healthcare, and transportation are all more affordable than the national average as well. All in all, Murphy is a good place to live if you're looking for an affordable lifestyle without sacrificing quality of life or amenities.