Housing costs in Roanoke Rapids?
A typical home costs
$109,600, which is 67.6% less expensive than the national average of
$338,100 and 62.1% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Roanoke Rapids costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 33.7% cheaper than the state average of
$1,110.
Can I afford Roanoke Rapids?
To live comfortably in Roanoke Rapids, North Carolina, a minimum annual income of
$20,880 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Roanoke Rapids?
The cost of living in Roanoke Rapids, NC is relatively low compared to other areas in the state. The estimated cost of living index is 89.4 which is lower than the national average of 100. According to Bestplaces.net, median home prices in Roanoke Rapids are just over $92,000 which is significantly lower than the North Carolina median home price of $218,000. Additionally, food costs in the area are typically below or near average prices for North Carolina with utility costs also viewing a similar trend. All in all, those looking for an affordable place to live should consider Roanoke Rapids as an option due to its low-cost of living.