Zip 27016 (Danbury, NC) Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Danbury cost of living score
81.1
Less expensive
18.9% lower
than the US average
10.9% lower
than the North Carolina average
Danbury (zip 27016), North Carolina gets a BestPlaces Cost of Living score of 81.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 18.9% lower than the U.S. average and 10.9% higher than the average for North Carolina.

Zip 27016 (Danbury, NC)

Housing costs in Danbury?
A typical home costs $175,000, which is 48.2% less expensive than the national average of $338,100 and 39.5% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Danbury costs $830 per month, which is 25.2% cheaper than the national average of $1,110 and 13.3% cheaper than the state average of $940.

Can I afford Danbury?
To live comfortably in Danbury (zip 27016), North Carolina, a minimum annual income of $33,480 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Danbury?
The cost of living in 27016 Danbury, NC is quite reasonable. The median home value in the area is around $159,000, which is significantly lower than the national average. The median household income is also lower than the national average at $40,496 but still fairly high. Additionally, utilities and transportation costs are lower than the national averages while health care expenses are higher. All together these factors make Danbury a great place to live with a very affordable cost of living.
   Cost of living score
     CategoriesDanburyNorth CarolinaUnited States
  81.191.0100.0
  94.396.5100
  98.2107.2100.0
  42.183.1100.0
  $175,000$289,300$338,100
  102.1%99.2%100.0%
  90.883.9100.0
  82.789.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime