Zip 28701 (Alexander, NC) Cost of Living


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Alexander cost of living score
105.8
More expensive
5.8% higher
than the US average
16.3% higher
than the North Carolina average
Alexander (zip 28701), North Carolina gets a BestPlaces Cost of Living score of 105.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.8% higher than the U.S. average and 16.3% higher than the average for North Carolina.

Zip 28701 (Alexander, NC)

Housing costs in Alexander?
A typical home costs $394,700, which is 16.7% more expensive than the national average of $338,100 and 36.4% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Alexander costs $1,380 per month, which is 24.3% more than the national average of $1,110 and 2.2% cheaper than the state average of $1,410.

Can I afford Alexander?
To live comfortably in Alexander (zip 28701), North Carolina, a minimum annual income of $75,600 for a family, and $48,800 for a single person is recommended.

What does A.I. say about Alexander?
The cost of living in 28701 Alexander, NC is relatively affordable. The median home value in the area is $171,300 and the median rent is $929. Despite its close proximity to major cities like Charlotte, the cost of living in 28701 Alexander remains low. Food and medical costs are also on par with the national average. Overall, 28701 Alexander offers an ideal balance between low living costs and convenient access to amenities.
   Cost of living score
     CategoriesAlexanderNorth CarolinaUnited States
  105.891.0100.0
  10296.5100
  122.9107.2100.0
  115.783.1100.0
  $394,700$289,300$338,100
  101.5%99.2%100.0%
  86.283.9100.0
  110.589.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime