Housing costs in Bailey?
A typical home costs
$203,400, which is 39.8% less expensive than the national average of
$338,100 and 29.7% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Bailey costs
$850 per month, which is 23.4% cheaper than the national average of
$1,110 and 4.7% cheaper than the state average of
$890.
Can I afford Bailey?
To live comfortably in Bailey (zip 27807), North Carolina, a minimum annual income of
$38,880 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Bailey?
Living in 27807 Bailey, NC is quite affordable. The median home value is around $122,000, and the median rent is around $800 per month. The cost of living overall is 11% lower than the national average, making it a great place to live for those looking for a more economical lifestyle. Groceries and healthcare costs are both below the national average as well, with groceries coming in 8% lower and healthcare being 7% lower than the national average. Overall, Bailey offers residents an affordable living option that allows them to make the most of their money.