Housing costs in Prospect?
A typical home costs
$121,500, which is 64.1% less expensive than the national average of
$338,100 and 58.0% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Prospect costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 38.8% cheaper than the state average of
$1,110.
Can I afford Prospect?
To live comfortably in Prospect, North Carolina, a minimum annual income of
$23,400 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Prospect?
The cost of living in Prospect, NC is quite reasonable. The median home value in the area is $198,700, which is lower than the national average of $231,200. Rent prices are also relatively low, with an average rent for a one-bedroom apartment coming in at only $715/month. Grocery costs are slightly higher than most other cities in North Carolina but still cheaper than some of its neighboring areas. In general, Prospect offers a great quality of life at an affordable price, making it a great place to call home.