Housing costs in Cary?
A typical home costs
$416,500, which is 23.2% more expensive than the national average of
$338,100 and 44.0% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Cary costs
$1,390 per month, which is 25.2% more than the national average of
$1,110 and close to the state average of
$1,410.
Can I afford Cary?
To live comfortably in Cary (zip 27511), North Carolina, a minimum annual income of
$79,920 for a family, and
$49,200 for a single person is recommended.
What does A.I. say about Cary?
The cost of living in 27511 Cary, NC is quite high. According to Best Places, the cost of living index in the area is 158.5, which is significantly higher than the national average of 100. Housing costs are among the most expensive in the U.S., with an average home price of $436,000. Food and grocery prices are also higher than many other places with a grocery index of 103 compared to the national average of 100. Despite these higher costs, Cary offers plenty of amenities and a great quality of life that makes it worth it for residents who can afford it.