Zip 27510 (Carrboro, NC) Cost of Living


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Carrboro cost of living score
107.8
More expensive
7.8% higher
than the US average
18.5% higher
than the North Carolina average
Carrboro (zip 27510), North Carolina gets a BestPlaces Cost of Living score of 107.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.8% higher than the U.S. average and 18.5% higher than the average for North Carolina.

Zip 27510 (Carrboro, NC)

Housing costs in Carrboro?
A typical home costs $390,400, which is 15.5% more expensive than the national average of $338,100 and 34.9% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Carrboro costs $1,360 per month, which is 22.5% more than the national average of $1,110 and 7.4% more than the state average of $1,260.

Can I afford Carrboro?
To live comfortably in Carrboro (zip 27510), North Carolina, a minimum annual income of $74,880 for a family, and $46,800 for a single person is recommended.

What does A.I. say about Carrboro?
The cost of living in 27510 Carrboro, NC is relatively high compared to the national average. The median home price for this zip code is around $346,000, which is more expensive than most other parts of North Carolina. Rent is also higher than average at roughly $1,500 per month for a one-bedroom apartment. Other costs such as food, transportation, and utilities are all slightly higher here than what you would find in other areas of the state as well. Although this area may be pricier than most others, it offers many amenities that make it worth the cost—including proximity to the university and access to numerous restaurants and stores.
   Cost of living score
     CategoriesCarrboroNorth CarolinaUnited States
  107.891.0100.0
  100.596.5100
  102.5107.2100.0
  116.983.1100.0
  $390,400$289,300$338,100
  102.8%99.2%100.0%
  86.383.9100.0
  113.889.2100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Carrboro
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Over 6 years ago

I moved here 7 months ago & I love it here. I am a retired school teacher. I have found many other ladies living nearby who are retired & loving life. Housing is very  More

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