Zip 28716 (Canton, NC) Cost of Living


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How much do I need to live in Canton, North Carolina?
$4,050 / month
for a family, 25.0% less expensive than the national average A total of $48,600 for the year for a family.
$4,033 / month
for a single person, 15.4% less expensive than the national average A total of $48,400 for the year for a single person.

Canton cost of living score
97.3
Less expensive
2.7% lower
than the US average
6.9% higher
than the North Carolina average
Canton (zip 28716), North Carolina gets a BestPlaces Cost of Living score of 97.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 2.7% lower than the U.S. average and 6.9% lower than the average for North Carolina.

Zip 28716 (Canton, NC)

Housing costs in Canton?
A typical home costs $254,400, which is 24.8% less expensive than the national average of $338,100 and 12.1% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Canton costs $1,360 per month, which is 22.5% more than the national average of $1,110 and 3.7% cheaper than the state average of $1,410.

Can I afford Canton?
To live comfortably in Canton (zip 28716), North Carolina, a minimum annual income of $48,600 for a family, and $48,400 for a single person is recommended.

What does A.I. say about Canton?
The cost of living in 28716 Canton, NC is relatively affordable compared to other areas of the country. The overall cost of living index for this area is 83.3, which is 17.7% lower than the national average. Housing costs are particularly low, with a median home price at $130,000 and a median rent of only $765 per month. In addition, goods and services are inexpensive, as the grocery index is well below the US average and utility costs remain low due to the mild climate. Overall, Canton offers an excellent value for those looking to settle in North Carolina.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesCantonNorth CarolinaUnited States
    Unlock91.0100.0
  96.0  Unlock100.0
    Unlock107.2100.0
  77.3  Unlock100.0
    Unlock$289,300$338,100
  98.4  Unlock100.0
    Unlock83.9100.0
  103.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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