Zip 27016 (Danbury, NC) Cost of Living


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How much do I need to live in Danbury, North Carolina?
$2,790 / month
for a family, 48.3% less expensive than the national average A total of $33,480 for the year for a family.
$2,300 / month
for a single person, 51.8% less expensive than the national average A total of $27,600 for the year for a single person.

Danbury cost of living score
81.1
Less expensive
18.9% lower
than the US average
10.9% lower
than the North Carolina average
Danbury (zip 27016), North Carolina gets a BestPlaces Cost of Living score of 81.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 18.9% lower than the U.S. average and 10.9% higher than the average for North Carolina.

Zip 27016 (Danbury, NC)

Housing costs in Danbury?
A typical home costs $175,000, which is 48.2% less expensive than the national average of $338,100 and 39.5% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Danbury costs $830 per month, which is 25.2% cheaper than the national average of $1,110 and 13.3% cheaper than the state average of $940.

Can I afford Danbury?
To live comfortably in Danbury (zip 27016), North Carolina, a minimum annual income of $33,480 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Danbury?
The cost of living in 27016 Danbury, NC is quite reasonable. The median home value in the area is around $159,000, which is significantly lower than the national average. The median household income is also lower than the national average at $40,496 but still fairly high. Additionally, utilities and transportation costs are lower than the national averages while health care expenses are higher. All together these factors make Danbury a great place to live with a very affordable cost of living.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesDanburyNorth CarolinaUnited States
    Unlock91.0100.0
  94.3  Unlock100.0
    Unlock107.2100.0
  42.1  Unlock100.0
    Unlock$289,300$338,100
  102.1  Unlock100.0
    Unlock83.9100.0
  82.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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