Housing costs in Cedar Island?
A typical home costs
$233,500, which is 30.9% less expensive than the national average of
$338,100 and 19.3% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Cedar Island costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 11.0% cheaper than the state average of
$1,110.
Can I afford Cedar Island?
To live comfortably in Cedar Island (zip 28520), North Carolina, a minimum annual income of
$44,640 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Cedar Island?
The cost of living in 28520 Cedar Island, NC is relatively low compared to many other places throughout the US. The median home price is $250,000, which is significantly less than the national average of $310,000. Additionally, housing costs in general are quite reasonable with an average rent of around $1,200 for a two-bedroom apartment. This makes it easier for people to find more affordable living options. The median household income for 28520 Cedar Island is approximately $43,000 per year and the overall cost of goods and services is 8% lower than the national average. All these factors contribute to a relatively low cost of living in this area that makes it attractive for potential residents.