Zip 27248 (Franklinville, NC) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Franklinville, 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.
$2,933 / month
for a single person, 38.5% less expensive than the national average A total of $35,200 for the year for a single person.

Franklinville cost of living score
80.5
Less expensive
19.5% lower
than the US average
11.5% lower
than the North Carolina average
Franklinville (zip 27248), North Carolina gets a BestPlaces Cost of Living score of 80.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.5% lower than the U.S. average and 11.5% higher than the average for North Carolina.

Zip 27248 (Franklinville, NC)

Housing costs in Franklinville?
A typical home costs $175,600, which is 48.1% less expensive than the national average of $338,100 and 39.3% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Franklinville costs $990 per month, which is 10.8% cheaper than the national average of $1,110 and 2.0% cheaper than the state average of $1,010.

Can I afford Franklinville?
To live comfortably in Franklinville (zip 27248), North Carolina, a minimum annual income of $33,480 for a family, and $35,200 for a single person is recommended.

What does A.I. say about Franklinville?
The cost of living in 27248 Franklinville, NC is relatively low. The area has a median home value of $135,000 and the median monthly rent is around $750. The average household income is $51,568 and the unemployment rate is just 3.7%. This makes it a great place for those looking for an affordable place to live. Utilities are also generally lower than the national average, making it easier to save money each month. Overall, the cost of living in this area is quite reasonable compared to other parts of the country.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesFranklinvilleNorth CarolinaUnited States
    Unlock91.0100.0
  94.6  Unlock100.0
    Unlock107.2100.0
  52.6  Unlock100.0
    Unlock$289,300$338,100
  100.3  Unlock100.0
    Unlock83.9100.0
  81.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.