Housing costs in Norman?
A typical home costs
$111,400, which is 67.1% less expensive than the national average of
$338,100 and 61.5% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Norman costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 44.2% cheaper than the state average of
$1,110.
Can I afford Norman?
To live comfortably in Norman, North Carolina, a minimum annual income of
$21,240 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Norman?
Norman, NC is known for its affordability when it comes to living expenses. The cost of living index is nearly 10% lower than the national average, making it a great place for people looking to live in an affordable area. Housing costs tend to be lower than other areas in North Carolina, and there are plenty of nearby amenities and attractions for residents to enjoy. Grocery prices are also competitively low compared to other places in the state, making saving money on groceries that much easier. With the overall lower cost of living here in Norman, NC, it’s easy to see why so many people choose to call this city home.