Housing costs in Chimney Rock Village?
A typical home costs
$421,200, which is 24.6% more expensive than the national average of
$338,100 and 45.6% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Chimney Rock Village costs
$770 per month, which is 30.6% cheaper than the national average of
$1,110 and close to the state average of
$770.
Can I afford Chimney Rock Village?
To live comfortably in Chimney Rock Village (zip 28720), North Carolina, a minimum annual income of
$80,640 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Chimney Rock Village?
The cost of living in 28720 Chimney Rock Village, NC is slightly above the national average. The median home cost is currently $200,000 and the median rent is $1,125. The overall cost of living in the area is 6% higher than the US average. The local economy benefits from its proximity to Asheville, which provides a variety of services and amenities to residents. Groceries, healthcare, transportation costs, and other expenses are lower than average when compared to the state as a whole. Residents also enjoy low state and local taxes which contributes to an overall more affordable lifestyle than in many other parts of North Carolina.