Housing costs in Moravian Falls?
A typical home costs
$229,000, which is 32.3% less expensive than the national average of
$338,100 and 20.8% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Moravian Falls costs
$850 per month, which is 23.4% cheaper than the national average of
$1,110 and 9.4% more than the state average of
$770.
Can I afford Moravian Falls?
To live comfortably in Moravian Falls (zip 28654), North Carolina, a minimum annual income of
$43,920 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Moravian Falls?
The cost of living in 28654 Moravian Falls, NC is generally quite reasonable. Although it is not as low as some rural areas, prices for housing, groceries, and utilities remain lower than many other places in the region. The median home value in the area is $135,100, which is significantly lower than both the North Carolina statewide median of $166,700 and the national median of $181,200. Additionally, grocery prices are about 9% lower than the national average while utility costs are approximately 5% lower. This makes Moravian Falls an attractive option for those looking for a more affordable place to live without sacrificing access to amenities and services.