Housing costs in Albemarle?
A typical home costs
$188,800, which is 44.2% less expensive than the national average of
$338,100 and 34.7% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Albemarle costs
$810 per month, which is 27.0% cheaper than the national average of
$1,110 and close to the state average of
$820.
Can I afford Albemarle?
To live comfortably in Albemarle (zip 28001), North Carolina, a minimum annual income of
$36,000 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Albemarle?
The cost of living in 28001 Albemarle, NC is relatively low compared to many other areas. The median home cost in the area is $123,500, significantly lower than the national average of $231,200. Utilities and transportation are also very affordable in the area, with electricity costing an average of 8.50 cents per kilowatt-hour and gas prices at around 2.58 dollars per gallon. In addition, public transportation is easily accessible from most parts of the city and isn’t too expensive either, making it a great option for those who require regular travel. All these factors make 28001 Albemarle ideal for those looking to save on living expenses without having to sacrifice quality of life.