Zip 27006 (Advance, NC) Cost of Living


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Advance cost of living score
87.4
Less expensive
12.6% lower
than the US average
4.0% lower
than the North Carolina average
Advance (zip 27006), North Carolina gets a BestPlaces Cost of Living score of 87.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.6% lower than the U.S. average and 4.0% higher than the average for North Carolina.

Zip 27006 (Advance, NC)

Housing costs in Advance?
A typical home costs $333,100, which is 1.5% less expensive than the national average of $338,100 and 15.1% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Advance costs $1,070 per month, which is 3.6% cheaper than the national average of $1,110 and 12.1% more than the state average of $940.

Can I afford Advance?
To live comfortably in Advance (zip 27006), North Carolina, a minimum annual income of $63,720 for a family, and $35,600 for a single person is recommended.

What does A.I. say about Advance?
The cost of living in 27006 Advance, NC is quite reasonable. Real estate prices are relatively low compared to other parts of the country, with a median home value of $184,600. Property taxes are also lower than the national average. When it comes to groceries and everyday items, prices tend to be slightly below the US average. When factoring in all costs of living, such as housing costs, utilities, transportation and healthcare, among others, the total cost of living index for 27006 Advance is 92.4 — significantly lower than the US average of 100.
   Cost of living score
     CategoriesAdvanceNorth CarolinaUnited States
  87.491.0100.0
  9996.5100
  98.5107.2100.0
  99.783.1100.0
  $333,100$289,300$338,100
  103.4%99.2%100.0%
  81.083.9100.0
  110.689.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime