Housing costs in New River?
A typical home costs
$0, which is 100.0% less expensive than the national average of
$338,100 and 100.0% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in New River costs
$810 per month, which is 43.4% more than the national average of
$1,430 and 37.0% more than the state average of
$1,110.
Can I afford New River?
To live comfortably in New River, North Carolina, a minimum annual income of
$105,480 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about New River?
The cost of living in New River, NC is below the national average. According to a recent survey, the US average Cost of Living is 100, while New River, NC comes in at 87. This lower cost of living makes New River an attractive destination for those looking to save on their bills and get more bang for their buck. Homeowners benefit from this lower cost of living as well, with the median house value being significantly lower than the US average house value of $338,100. With its close proximity to larger cities and affordable housing options, it's no wonder why many are choosing to call New River home.