Zip 28377 (Red Springs, NC) Cost of Living


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Red Springs cost of living score
72
Less expensive
28.0% lower
than the US average
20.9% lower
than the North Carolina average
Red Springs (zip 28377), North Carolina gets a BestPlaces Cost of Living score of 72, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 28.0% lower than the U.S. average and 20.9% higher than the average for North Carolina.

Zip 28377 (Red Springs, NC)

Housing costs in Red Springs?
A typical home costs $78,700, which is 76.7% less expensive than the national average of $338,100 and 72.8% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Red Springs costs $890 per month, which is 19.8% cheaper than the national average of $1,110 and 13.5% more than the state average of $770.

Can I afford Red Springs?
To live comfortably in Red Springs (zip 28377), North Carolina, a minimum annual income of $15,120 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Red Springs?
The cost of living in 28377 Red Springs, NC is relatively low compared to other parts of the country. The median home value is $90,000, which is much lower than the national average. Rent prices are also relatively affordable with a one-bedroom apartment averaging around $500 per month. Grocery and utility prices are also quite low compared to other places in the United States. Overall, Red Springs is an affordable place to live for anyone looking for a manageable budget.
   Cost of living score
     CategoriesRed SpringsNorth CarolinaUnited States
  72.091.0100.0
  91.296.5100
  114.8107.2100.0
  21.583.1100.0
  $78,700$289,300$338,100
  100.4%99.2%100.0%
  80.483.9100.0
  79.489.2100.0

   100=National Average

   Average Rent by Bedroom Size
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