Ranlo, NC Cost of Living


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Ranlo cost of living score
89
Less expensive
11.0% lower
than the US average
2.2% lower
than the North Carolina average
Ranlo, North Carolina gets a BestPlaces Cost of Living score of 89, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.0% lower than the U.S. average and 2.2% higher than the average for North Carolina.

Ranlo, NC

Housing costs in Ranlo?
A typical home costs $261,500, which is 22.7% less expensive than the national average of $338,100 and 9.6% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Ranlo costs $1,150 per month, which is 19.6% cheaper than the national average of $1,430 and 3.5% more than the state average of $1,110.

Can I afford Ranlo?
To live comfortably in Ranlo, North Carolina, a minimum annual income of $50,040 for a family, and $40,800 for a single person is recommended.

What does A.I. say about Ranlo?
The cost of living in Ranlo, NC is quite reasonable. The median home cost is around $183,000, which is lower than the national average of $217,000. Additionally, property taxes are reasonably low compared to other parts of the country at an average of 1.05%. Renting a one-bedroom apartment in Ranlo is also fairly inexpensive, with an average monthly rent of $864. Groceries and general goods are reasonably priced as well. All in all, it is possible to live comfortably in Ranlo without breaking the bank.
   Cost of living score
     CategoriesRanloNorth CarolinaUnited States
  89.091.0100.0
  95.696.5100
  100.6107.2100.0
  73.383.1100.0
  $261,500$289,300$338,100
  98.7%99.2%100.0%
  82.783.9100.0
  88.989.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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