Zip 28622 (Elk Park, NC) Cost of Living


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United States / North Carolina / No Metro Area / Avery County / Elk Park / Elk Park (zip 28622)
How much do I need to live in Elk Park, North Carolina?
$3,960 / month
for a family, 26.7% less expensive than the national average A total of $47,520 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.

Elk Park cost of living score
81.5
Less expensive
18.5% lower
than the US average
10.4% lower
than the North Carolina average
Elk Park (zip 28622), North Carolina gets a BestPlaces Cost of Living score of 81.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 18.5% lower than the U.S. average and 10.4% higher than the average for North Carolina.

Zip 28622 (Elk Park, NC)

Housing costs in Elk Park?
A typical home costs $248,800, which is 26.4% less expensive than the national average of $338,100 and 14.0% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Elk Park costs $910 per month, which is 36.4% cheaper than the national average of $1,430 and 22.0% cheaper than the state average of $1,110.

Can I afford Elk Park?
To live comfortably in Elk Park (zip 28622), North Carolina, a minimum annual income of $47,520 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Elk Park?
The cost of living in 28622 Elk Park, NC is quite affordable. The median home price in the zip code is $144,800, which is 5% lower than the North Carolina average, and 12% lower than the national average. Rent prices in Elk Park are also affordable, with an average of $780 per month. In addition to this, groceries and other essentials are often more affordable than other parts of the country. The overall cost of living in Elk Park is considered to be 11% lower than the national average.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesElk ParkNorth CarolinaUnited States
    Unlock91.0100.0
  94.8  Unlock100.0
    Unlock107.2100.0
  52.5  Unlock100.0
    Unlock$289,300$338,100
  88.2  Unlock100.0
    Unlock83.9100.0
  81.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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