Housing costs in Franklinton?
A typical home costs
$313,000, which is 7.4% less expensive than the national average of
$338,100 and 8.2% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Franklinton costs
$1,140 per month, which is 2.7% more than the national average of
$1,110 and 23.7% cheaper than the state average of
$1,410.
Can I afford Franklinton?
To live comfortably in Franklinton (zip 27525), North Carolina, a minimum annual income of
$60,120 for a family, and
$40,400 for a single person is recommended.
What does A.I. say about Franklinton?
The cost of living in 27525 Franklinton, NC is relatively affordable. According to Sperling's Best Places, the overall cost of living index in the area is 92.2, which is lower than the US average of 100. This means that goods and services are 8.8% less expensive in Franklinton than they are nationwide. Housing costs are especially attractive, with a median home value of $133,400 and monthly rent prices averaging around $750 for a one-bedroom apartment. Food costs and transportation expenses are also below the national average. Overall, 27525 Franklinton makes an excellent choice for those looking for an affordable place to live.