Zip 27502 (Apex, NC) Cost of Living


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Apex cost of living score
105.8
More expensive
5.8% higher
than the US average
16.3% higher
than the North Carolina average
Apex (zip 27502), 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 27502 (Apex, NC)

Housing costs in Apex?
A typical home costs $507,300, which is 50.0% more expensive than the national average of $338,100 and 75.4% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Apex costs $1,780 per month, which is 60.4% more than the national average of $1,110 and 20.8% more than the state average of $1,410.

Can I afford Apex?
To live comfortably in Apex (zip 27502), North Carolina, a minimum annual income of $97,200 for a family, and $62,800 for a single person is recommended.

What does A.I. say about Apex?
The cost of living in 27502 Apex, NC is relatively low compared to other cities in the United States. The average cost of living index for 27502 Apex, NC is 93.6, which is approximately 7% lower than the US average. The median home price in Apex is $253,000, with a median household income of $73,988. Groceries and healthcare costs are both significantly lower than the national average, while utilities and transportation costs are slightly higher than the national average. Additionally, taxes are quite low in this area due to North Carolina's tax structure. Overall, the cost of living in 27502 Apex is affordable and reasonable for most households.
   Cost of living score
     CategoriesApexNorth CarolinaUnited States
  105.891.0100.0
  102.596.5100
  94.8107.2100.0
  141.983.1100.0
  $507,300$289,300$338,100
  98.8%99.2%100.0%
  88.883.9100.0
  111.489.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime