Housing costs in Elm City?
A typical home costs
$185,700, which is 45.1% less expensive than the national average of
$338,100 and 35.8% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Elm City costs
$880 per month, which is 20.7% cheaper than the national average of
$1,110 and 5.7% more than the state average of
$830.
Can I afford Elm City?
To live comfortably in Elm City (zip 27822), North Carolina, a minimum annual income of
$35,640 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Elm City?
The cost of living in 27822 Elm City, NC is very reasonable compared to other cities in the area. The median home value is around $135,000, which is lower than the national median of $184,700. Additionally, the average rent in 27822 Elm City is only $896 per month. Food prices are also quite reasonable with the median price for groceries at just over $35 per week. Other costs such as utilities, taxes, and transportation expenses are all on par or below average when compared to other cities in North Carolina. All of these factors make 27822 Elm City a great place for those looking for an affordable cost of living without sacrificing quality of life.