Housing costs in Cary?
A typical home costs
$674,700, which is 99.6% more expensive than the national average of
$338,100 and 133.2% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Cary costs
$1,820 per month, which is 64.0% more than the national average of
$1,110 and 22.5% more than the state average of
$1,410.
Can I afford Cary?
To live comfortably in Cary (zip 27519), North Carolina, a minimum annual income of
$129,240 for a family, and
$64,400 for a single person is recommended.
What does A.I. say about Cary?
The cost of living in 27519 Cary, NC is generally considered to be quite high. The median home price in this area is around $281,400, and the median household income is over $74,200 per year. It's important to note that these figures reflect the greater Raleigh-Durham metropolitan area and not just Cary itself. Renting a one-bedroom apartment averages around $1,000 per month while groceries will cost you around 11% more than the national average. Transportation costs are also above average, with an average gallon of gas costing almost 20% more than what you'd find elsewhere in the country. However, despite its higher costs of living overall, Cary remains a popular place to call home due to its vibrant job market and close proximity to downtown Raleigh.