Housing costs in Shelby?
A typical home costs
$157,400, which is 53.4% less expensive than the national average of
$338,100 and 45.6% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Shelby costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 44.2% cheaper than the state average of
$1,110.
Can I afford Shelby?
To live comfortably in Shelby North Carol Metro Area, North Carolina, a minimum annual income of
$30,240 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Shelby?
The cost of living in the Shelby, NC Metro Area is 81.5, which is significantly lower than the US average of 100. This provides an attractive option for those looking to purchase a new home in the area as the median house value is $157,400 - much lower than the US average of $338,100. Moreover, this low cost of living allows residents to enjoy more value for their money and live comfortably without spending large amounts of cash.