Zip 27518 (Cary, NC) Cost of Living


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How much do I need to live in Cary, North Carolina?
$9,900 / month
for a family, 83.3% more expensive than the national average A total of $118,800 for the year for a family.
$4,900 / month
for a single person, 2.8% more expensive than the national average A total of $58,800 for the year for a single person.

Cary cost of living score
105.8
More expensive
5.8% higher
than the US average
16.3% higher
than the North Carolina average
Cary (zip 27518), North Carolina gets a BestPlaces Cost of Living score of 105.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.8% higher than the U.S. average and 16.3% higher than the average for North Carolina.

Zip 27518 (Cary, NC)

Housing costs in Cary?
A typical home costs $620,500, which is 83.5% more expensive than the national average of $338,100 and 114.5% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Cary costs $1,660 per month, which is 49.5% more than the national average of $1,110 and 15.1% more than the state average of $1,410.

Can I afford Cary?
To live comfortably in Cary (zip 27518), North Carolina, a minimum annual income of $118,800 for a family, and $58,800 for a single person is recommended.

What does A.I. say about Cary?
The cost of living in 27518 Cary, NC is generally quite affordable. Groceries and housing are relatively inexpensive compared to other cities in the United States. The median home cost in Cary is $370,300, which is roughly 20% lower than the national average. The median rent for a two-bedroom apartment or house costs an average of $1,400 per month. Additionally, utilities such as electricity and water are usually lower than the national average. Overall, the cost of living in 27518 Cary, NC is relatively low when compared to other cities across the country and provides many residents with great value for their money.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesCaryNorth CarolinaUnited States
    Unlock91.0100.0
  104.9  Unlock100.0
    Unlock107.2100.0
  177.9  Unlock100.0
    Unlock$289,300$338,100
  97.5  Unlock100.0
    Unlock83.9100.0
  111.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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