Zip 27938 (Gatesville, NC) Cost of Living


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How much do I need to live in Gatesville, North Carolina?
$2,760 / month
for a family, 48.9% less expensive than the national average A total of $33,120 for the year for a family.
$2,533 / month
for a single person, 46.9% less expensive than the national average A total of $30,400 for the year for a single person.

Gatesville cost of living score
90.5
Less expensive
9.5% lower
than the US average
0.5% lower
than the North Carolina average
Gatesville (zip 27938), North Carolina gets a BestPlaces Cost of Living score of 90.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 9.5% lower than the U.S. average and 0.5% higher than the average for North Carolina.

Zip 27938 (Gatesville, NC)

Housing costs in Gatesville?
A typical home costs $173,400, which is 48.7% less expensive than the national average of $338,100 and 40.1% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Gatesville costs $890 per month, which is 19.8% cheaper than the national average of $1,110 and 48.3% cheaper than the state average of $1,320.

Can I afford Gatesville?
To live comfortably in Gatesville (zip 27938), North Carolina, a minimum annual income of $33,120 for a family, and $30,400 for a single person is recommended.

What does A.I. say about Gatesville?
The cost of living in 27938 Gatesville, NC is quite low compared to many other places in the United States. The overall cost of living index for the zip code is 84.4, which is well below the national average of 100. This means that basic necessities such as housing, food, and utilities are significantly cheaper than in most other areas. Additionally, transportation costs tend to be much lower as there is very limited access to public transportation and most people drive cars or use ride-sharing services instead. This makes it a great place for people who want to save money while still enjoying a good quality of life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGatesvilleNorth CarolinaUnited States
    Unlock91.0100.0
  95.2  Unlock100.0
    Unlock107.2100.0
  40.7  Unlock100.0
    Unlock$289,300$338,100
  103.6  Unlock100.0
    Unlock83.9100.0
  81.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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