Housing costs in Asheboro?
A typical home costs
$153,900, which is 54.5% less expensive than the national average of
$338,100 and 46.8% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Asheboro costs
$850 per month, which is 23.4% cheaper than the national average of
$1,110 and 18.8% cheaper than the state average of
$1,010.
Can I afford Asheboro?
To live comfortably in Asheboro (zip 27203), North Carolina, a minimum annual income of
$29,520 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Asheboro?
The cost of living in Asheboro, NC (zip code 27203) is generally moderate. The median home price in the area is just over $170,000, which is lower than many other parts of North Carolina. Utility costs are also quite reasonable, with the average electricity rate being only 10 cents per kilowatt hour. Grocery costs are a bit higher than the national average, but overall they remain relatively affordable. With property taxes averaging only around 1 percent and an array of affordable housing options, Asheboro can be a great place to live for those on a budget.