Wake County, NC Cost of Living


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How much do I need to live in Wake, North Carolina?
$6,930 / month
for a family, 28.3% more expensive than the national average A total of $83,160 for the year for a family.
$4,167 / month
for a single person, 12.6% less expensive than the national average A total of $50,000 for the year for a single person.

Wake cost of living score
105.8
More expensive
5.8% higher
than the US average
16.3% higher
than the North Carolina average
Wake North Carol County, North Carolina gets a BestPlaces Cost of Living score of 105.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.8% higher than the U.S. average and 16.3% higher than the average for North Carolina.

Wake County, NC

Housing costs in Wake?
A typical home costs $434,100, which is 28.4% more expensive than the national average of $338,100 and 50.1% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Wake costs $1,410 per month, which is 1.4% cheaper than the national average of $1,430 and 21.3% more than the state average of $1,110.

Can I afford Wake?
To live comfortably in Wake North Carol County, North Carolina, a minimum annual income of $83,160 for a family, and $50,000 for a single person is recommended.

What does A.I. say about Wake?
The cost of living in Wake, NC County is higher than the US average cost of living. At 105.8, it is 5.8% higher than the national average. The median home value in Wake, NC County is also higher than the US average, coming in at $434100 compared to $338100 for the country as a whole. This reflects how living costs are higher in Wake, NC County and can be a challenge for people who need to move there and make arrangements accordingly.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWakeNorth CarolinaUnited States
    Unlock91.0100.0
  101.4  Unlock100.0
    Unlock107.2100.0
  125.6  Unlock100.0
    Unlock$289,300$338,100
  99.0  Unlock100.0
    Unlock83.9100.0
  111.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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