Zip 28345 (Hamlet, NC) Cost of Living


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Hamlet cost of living score
70.4
Less expensive
29.6% lower
than the US average
22.6% lower
than the North Carolina average
Hamlet (zip 28345), North Carolina gets a BestPlaces Cost of Living score of 70.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.6% lower than the U.S. average and 22.6% higher than the average for North Carolina.

Zip 28345 (Hamlet, NC)

Housing costs in Hamlet?
A typical home costs $101,700, which is 69.9% less expensive than the national average of $338,100 and 64.8% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Hamlet costs $770 per month, which is 30.6% cheaper than the national average of $1,110 and close to the state average of $770.

Can I afford Hamlet?
To live comfortably in Hamlet (zip 28345), North Carolina, a minimum annual income of $19,440 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Hamlet?
Living in 28345 Hamlet, NC is relatively affordable. The cost of living index is about 90, which is 10% lower than the national average. Housing costs are especially attractive, with a median home value of $117,400 and median rent of just $554 per month. Additionally, grocery prices are generally lower than the nationwide average, making supplying the household budget much easier. In addition to affordability, there are plenty of recreational activities to enjoy in the area, including parks and cultural attractions that make for an enjoyable quality of life.
   Cost of living score
     CategoriesHamletNorth CarolinaUnited States
  70.491.0100.0
  92.996.5100
  113.3107.2100.0
  27.383.1100.0
  $101,700$289,300$338,100
  102.2%99.2%100.0%
  67.983.9100.0
  80.489.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime