Gates County, NC Cost of Living


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How much do I need to live in Gates, North Carolina?
$3,000 / month
for a family, 44.4% less expensive than the national average A total of $36,000 for the year for a family.
$2,633 / month
for a single person, 44.8% less expensive than the national average A total of $31,600 for the year for a single person.

Gates cost of living score
90.5
Less expensive
9.5% lower
than the US average
0.5% lower
than the North Carolina average
Gates North Carol County, North Carolina gets a BestPlaces Cost of Living score of 90.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 9.5% lower than the U.S. average and 0.5% higher than the average for North Carolina.

Gates County, NC

Housing costs in Gates?
A typical home costs $188,700, which is 44.2% less expensive than the national average of $338,100 and 34.8% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Gates costs $920 per month, which is 35.7% cheaper than the national average of $1,430 and 20.7% cheaper than the state average of $1,110.

Can I afford Gates?
To live comfortably in Gates North Carol County, North Carolina, a minimum annual income of $36,000 for a family, and $31,600 for a single person is recommended.

What does A.I. say about Gates?
Gates, NC County offers its residents an affordable cost of living. According to data from the US average Cost of Living Index, Gates County's cost of living is 90.5, which is significantly lower than the US average of 100. This makes Gates an ideal location for those looking to purchase a home as the median house value in Gates County is $188,700 compared to the US average of $338,100. Living in Gates County provides an excellent balance between affordability and quality of life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGatesNorth CarolinaUnited States
    Unlock91.0100.0
  95.8  Unlock100.0
    Unlock107.2100.0
  48.4  Unlock100.0
    Unlock$289,300$338,100
  104.4  Unlock100.0
    Unlock83.9100.0
  81.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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