Zip 27523 (Apex, NC) Cost of Living


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Apex cost of living score
105.8
More expensive
5.8% higher
than the US average
16.3% higher
than the North Carolina average
Apex (zip 27523), 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.

Zip 27523 (Apex, NC)

Housing costs in Apex?
A typical home costs $652,600, which is 93.0% more expensive than the national average of $338,100 and 125.6% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Apex costs $1,600 per month, which is 44.1% more than the national average of $1,110 and 11.9% more than the state average of $1,410.

Can I afford Apex?
To live comfortably in Apex (zip 27523), North Carolina, a minimum annual income of $124,920 for a family, and $56,400 for a single person is recommended.

What does A.I. say about Apex?
The cost of living in 27523 Apex, NC is surprisingly affordable. Although the median household income is just shy of $90,000, the cost of housing and goods remains relatively low due to its close proximity to Research Triangle Park. The median home value is approximately $312,700, a figure that sits below the national average. Groceries and transportation costs are also substantially lower compared to other cities in the area. The unemployment rate is 4.6%, which is also lower than the national average and speaks to the job opportunities available in this area. All things considered, residents of 27523 Apex can enjoy a comfortable lifestyle without having to break their bank accounts.
   Cost of living score
     CategoriesApexNorth CarolinaUnited States
  105.891.0100.0
  103.996.5100
  94.8107.2100.0
  179.383.1100.0
  $652,600$289,300$338,100
  97.2%99.2%100.0%
  89.983.9100.0
  111.489.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime