Housing costs in New Bern?
A typical home costs
$232,000, which is 31.4% less expensive than the national average of
$338,100 and 19.8% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in New Bern costs
$1,060 per month, which is 25.9% cheaper than the national average of
$1,430 and 4.7% cheaper than the state average of
$1,110.
Can I afford New Bern?
To live comfortably in New Bern North Carol Metro Area, North Carolina, a minimum annual income of
$44,280 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about New Bern?
The cost of living in the New Bern, NC Metro Area is quite low compared to the national average. According to data, the cost of living in this region is 83, which is about 17 points lower than the US average of 100. This means that residents can enjoy a lower cost of living without sacrificing much in terms of quality and convenience. It also translates to a lower median house value; with a median house value at $232000 compared to the national average of $338100, it shows that it is possible to buy a home at an affordable price in this area. Although life in New Bern may be quite different from other parts of the country, the affordability and low cost of living make it an attractive destination for potential homeowners.