Housing costs in Black Mountain?
A typical home costs
$437,300, which is 29.3% more expensive than the national average of
$338,100 and 51.2% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Black Mountain costs
$1,250 per month, which is 12.6% more than the national average of
$1,110 and 12.8% cheaper than the state average of
$1,410.
Can I afford Black Mountain?
To live comfortably in Black Mountain (zip 28711), North Carolina, a minimum annual income of
$83,880 for a family, and
$44,400 for a single person is recommended.
What does A.I. say about Black Mountain?
Living in 28711 Black Mountain, NC is relatively affordable. The cost of living index for the area is about 13% lower than the national average. Housing costs are particularly low, with median home prices being around $179,700. Renting an apartment in the area can also be very affordable, with median rents being about $846 a month. Transportation costs are also quite low, with gas prices usually staying below the national average and public transit available in the larger nearby cities of Asheville and Hendersonville. Overall, 28711 Black Mountain provides great value for money when it comes to cost of living.