Housing costs in Burlington?
A typical home costs
$270,600, which is 20.0% less expensive than the national average of
$338,100 and 6.5% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Burlington costs
$1,110 per month, which is 0.0% cheaper than the national average of
$1,110 and 8.1% more than the state average of
$1,020.
Can I afford Burlington?
To live comfortably in Burlington (zip 27215), North Carolina, a minimum annual income of
$51,840 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Burlington?
The cost of living in 27215 Burlington, NC is slightly below the national average. The overall cost of living index for this area is 96.8 compared to the US average of 100. Housing costs are below the national average, with an index of 87.1, while groceries and utilities are slightly above the national average at 99.1 and 105.6 respectively. The median home sale price is $153,000 compared to a national median of $210,400, making it more affordable for those looking to purchase a home in this area. Overall, Burlington has a lower than average cost of living which makes it attractive to those looking for a more affordable place to live in North Carolina.