Housing costs in Hamilton?
A typical home costs
$65,500, which is 80.6% less expensive than the national average of
$338,100 and 77.4% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Hamilton costs
$700 per month, which is 51.0% cheaper than the national average of
$1,430 and 58.6% cheaper than the state average of
$1,110.
Can I afford Hamilton?
To live comfortably in Hamilton (zip 27840), North Carolina, a minimum annual income of
$12,600 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Hamilton?
The cost of living in 27840 Hamilton, NC is relatively low compared to other areas in the United States. The median home price in this area is around $169,000, which is significantly lower than the national average of $216,100. Renting a one-bedroom apartment costs an average of just $575 per month, while two-bedrooms are available for an average rent price of $714. Groceries and other everyday items tend to be cheaper here as well due to a lower tax rate and a large supply of local goods from nearby farms and businesses. In addition, utility rates are incredibly affordable and gas prices tend to stay below the national average. All of these factors make Hamilton a great place for those looking for an affordable way to live!