Housing costs in Burlington?
A typical home costs
$242,300, which is 28.3% less expensive than the national average of
$338,100 and 16.2% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Burlington costs
$1,020 per month, which is 28.7% cheaper than the national average of
$1,430 and 8.8% cheaper than the state average of
$1,110.
Can I afford Burlington?
To live comfortably in Burlington North Carol Metro Area, North Carolina, a minimum annual income of
$46,440 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Burlington?
The cost of living in Burlington, NC Metro Area is significantly lower than the US average, with an index of 84.3 compared to 100 for the US overall. Home values in this area are also much lower than the US average, with median home value around $242,300 compared to $338,100 overall in the US. This makes Burlington a great option for individuals and families looking for an affordable place to live without sacrificing their quality of life.