Housing costs in High Point?
A typical home costs
$170,500, which is 49.6% less expensive than the national average of
$338,100 and 41.1% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in High Point costs
$1,060 per month, which is 4.5% cheaper than the national average of
$1,110 and 4.7% more than the state average of
$1,010.
Can I afford High Point?
To live comfortably in High Point (zip 27262), North Carolina, a minimum annual income of
$32,760 for a family, and
$37,600 for a single person is recommended.
What does A.I. say about High Point?
The cost of living in 27262 High Point, NC is relatively affordable compared to the national average and other surrounding areas. According to Sperling's Best Places, the cost of living index is 94.2, which is 6.8% lower than the U.S. average. Housing costs are particularly low at 24% lower than the national average, making it an attractive place to live for those looking to stretch their dollars further while still finding a desirable place to call home. Other basic expenses such as groceries, transportation and utilities are also quite reasonable in High Point and remain within the same range or lower than the national average. Overall, 27262 High Point provides great value for money when it comes to cost of living expenses whether you are buying a house or just day-to-day expenses.