Zip 27842 (Henrico, NC) Cost of Living


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Henrico cost of living score
74.1
Less expensive
25.9% lower
than the US average
18.6% lower
than the North Carolina average
Henrico (zip 27842), North Carolina gets a BestPlaces Cost of Living score of 74.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.9% lower than the U.S. average and 18.6% higher than the average for North Carolina.

Zip 27842 (Henrico, NC)

Housing costs in Henrico?
A typical home costs $555,300, which is 64.2% more expensive than the national average of $338,100 and 91.9% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Henrico costs $1,270 per month, which is 11.2% cheaper than the national average of $1,430 and 12.6% more than the state average of $1,110.

Can I afford Henrico?
To live comfortably in Henrico (zip 27842), North Carolina, a minimum annual income of $106,560 for a family, and $38,400 for a single person is recommended.

What does A.I. say about Henrico?
The cost of living in 27842 Henrico, NC is very reasonable. The median home price in the area is around $114,000, which is much lower than the national median. Additionally, the average rent for a one-bedroom apartment is just under $650 per month. Groceries and other necessities can be purchased at below average prices due to a variety of local stores and markets. In addition to inexpensive housing and goods, 27842 Henrico also offers low taxes on businesses and individuals. This makes it an attractive option for those looking to relocate or purchase a new home within budget.
   Cost of living score
     CategoriesHenricoNorth CarolinaUnited States
  74.191.0100.0
  102.596.5100
  127.8107.2100.0
  147.083.1100.0
  $555,300$289,300$338,100
  104.4%99.2%100.0%
  76.583.9100.0
  80.389.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime