New Hanover County, NC Cost of Living


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United States / North Carolina / / New Hanover County / Cities / Zip Codes

New Hanover cost of living score
98.1
Less expensive
1.9% lower
than the US average
7.8% higher
than the North Carolina average
New Hanover North Carol County, North Carolina gets a BestPlaces Cost of Living score of 98.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 1.9% lower than the U.S. average and 7.8% lower than the average for North Carolina.

New Hanover County, NC

Housing costs in New Hanover?
A typical home costs $399,500, which is 18.2% more expensive than the national average of $338,100 and 38.1% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in New Hanover costs $1,260 per month, which is 11.9% cheaper than the national average of $1,430 and 11.9% more than the state average of $1,110.

Can I afford New Hanover?
To live comfortably in New Hanover North Carol County, North Carolina, a minimum annual income of $76,680 for a family, and $44,400 for a single person is recommended.

What does A.I. say about New Hanover?
The cost of living in New Hanover, NC County is very attractive, with a 98.1 rating compared to the US average of 100. This means that the cost of goods and services are lower than average in this county, making it an ideal destination for those looking to stretch their budget. The median house value in New Hanover is also significantly lower than the US average of $338,100 at a rate of $399,500, providing further proof that living in this county can be an excellent financial decision.
   Cost of living score
     CategoriesNew HanoverNorth CarolinaUnited States
  98.191.0100.0
  102.196.5100
  118.7107.2100.0
  101.383.1100.0
  $399,500$289,300$338,100
  97.4%99.2%100.0%
  80.383.9100.0
  110.589.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime