Housing costs in Raeford?
A typical home costs
$241,100, which is 28.7% less expensive than the national average of
$338,100 and 16.7% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Raeford costs
$970 per month, which is 32.2% cheaper than the national average of
$1,430 and 14.4% cheaper than the state average of
$1,110.
Can I afford Raeford?
To live comfortably in Raeford, North Carolina, a minimum annual income of
$46,080 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Raeford?
The cost of living in Raeford, NC is quite reasonable. The median home value in the city is $164,700, which is lower than the national average of $231,200. Additionally, living expenses in Raeford are about 7% lower than the national average. This makes it an ideal place for those who are looking for a low-cost place to call home. Groceries and healthcare costs are also below the national averages, ensuring that residents can live comfortably on their income.