Housing costs in Albemarle?
A typical home costs
$259,000, which is 23.4% less expensive than the national average of
$338,100 and 10.5% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Albemarle costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 35.4% cheaper than the state average of
$1,110.
Can I afford Albemarle?
To live comfortably in Albemarle North Carol Metro Area, North Carolina, a minimum annual income of
$49,680 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Albemarle?
Living in Albemarle, NC Metro Area is an affordable option compared to other parts of the United States. The median value for a house in this area is $259,000, much lower than the US average of $338,100. Similarly, the cost of living in Albemarle is 80.9 relative to the US average of 100. This means that expenses related to necessities such as food, housing, and transportation will be relatively less expensive compared to other areas.