Housing costs in Hickory?
A typical home costs
$267,900, which is 20.8% less expensive than the national average of
$338,100 and 7.4% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Hickory costs
$830 per month, which is 25.2% cheaper than the national average of
$1,110 and 4.8% more than the state average of
$790.
Can I afford Hickory?
To live comfortably in Hickory (zip 28601), North Carolina, a minimum annual income of
$51,480 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Hickory?
The cost of living in 28601 Hickory, NC is quite reasonable. According to BestPlaces, the cost of living index is 78.17, which is lower than the US average of 100. The city also boasts reasonably low housing costs with a median listing price of $179,000 for a three-bedroom home and an average rent of just $749 per month for a two-bedroom apartment. Grocery prices are also around 8% lower than the national average with food costing about 11% less on average. In addition to these savings, there is no state income tax in North Carolina which can add additional savings to those living in Hickory. All told, 28601 Hickory provides an affordable cost of living that makes it an ideal place to call home.