Housing costs in Shelby?
A typical home costs
$155,600, which is 54.0% less expensive than the national average of
$338,100 and 46.2% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Shelby costs
$790 per month, which is 28.8% cheaper than the national average of
$1,110 and 2.5% more than the state average of
$770.
Can I afford Shelby?
To live comfortably in Shelby (zip 28150), North Carolina, a minimum annual income of
$29,880 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Shelby?
The cost of living in 28150 Shelby, NC is quite reasonable compared to other parts of the country. The median home value is $128,800 and the median household income is $41,424 which makes it an affordable place to live. The average rent for a two-bedroom apartment is around $700 per month and utilities such as electricity, water, and heating are relatively inexpensive. In addition, groceries are fairly priced with the average cost for a family of four estimated at approximately $1,600 per month. Overall, living in 28150 Shelby can be done comfortably on a budget while still enjoying all that the city has to offer.