Housing costs in Conway?
A typical home costs
$110,700, which is 67.3% less expensive than the national average of
$338,100 and 61.7% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Conway costs
$890 per month, which is 19.8% cheaper than the national average of
$1,110 and 4.5% more than the state average of
$850.
Can I afford Conway?
To live comfortably in Conway (zip 27820), North Carolina, a minimum annual income of
$21,240 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Conway?
The cost of living in 27820 Conway, NC is relatively low. Housing costs tend to be lower than the national median and have seen an upward trend over the past few years. According to BestPlaces, Conway’s cost of living index is estimated at 94, which is 6% lower than the national average. Additionally, groceries are generally cheaper than most other cities with a grocery index of 91. Property taxes are slightly higher than the state's average at 1.15%. However, residents can expect to pay slightly more for transportation (100), health care (106) and utilities (102). All these factors combine to create a cost of living that is lower compared to other areas in North Carolina.