Housing costs in Fairmont?
A typical home costs
$95,300, which is 71.8% less expensive than the national average of
$338,100 and 67.1% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Fairmont costs
$690 per month, which is 37.8% cheaper than the national average of
$1,110 and 11.6% cheaper than the state average of
$770.
Can I afford Fairmont?
To live comfortably in Fairmont (zip 28340), North Carolina, a minimum annual income of
$18,360 for a family, and
$20,800 for a single person is recommended.
What does A.I. say about Fairmont?
The cost of living in 28340 Fairmont, NC is overall quite affordable. The median home price is $105,000 which is significantly lower than the national average. Additionally, rental prices are relatively low with the median being $717 per month for a one-bedroom apartment. Living expenses such as groceries and utilities are also fairly reasonable compared to other US cities of similar size. Despite its affordability, Fairmont does offer a variety of amenities such as shops, restaurants and entertainment venues that make it an attractive place to live. All in all, living in 28340 Fairmont provides a great quality of life at an affordable price.