Housing costs in Newland?
A typical home costs
$218,900, which is 35.3% less expensive than the national average of
$338,100 and 24.3% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Newland costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 30.6% cheaper than the state average of
$1,110.
Can I afford Newland?
To live comfortably in Newland, North Carolina, a minimum annual income of
$42,120 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Newland?
The cost of living in Newland, NC is relatively low compared to other cities. The median home value in Newland is $189,000, and while there are some more expensive homes on the market, overall rents and housing costs are quite reasonable. Groceries, healthcare, transportation and utilities likewise remain at prices that are generally lower than the national average. Many of these costs have remained static over the past few years as well, so residents can count on a consistent price point when budgeting for necessities. Overall, this makes Newland an attractive place to live for families or individuals looking for an affordable place to call home.