Zip 27843 (Hobgood, NC) Cost of Living


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Hobgood cost of living score
73.2
Less expensive
26.8% lower
than the US average
19.6% lower
than the North Carolina average
Hobgood (zip 27843), North Carolina gets a BestPlaces Cost of Living score of 73.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.8% lower than the U.S. average and 19.6% higher than the average for North Carolina.

Zip 27843 (Hobgood, NC)

Housing costs in Hobgood?
A typical home costs $76,300, which is 77.4% less expensive than the national average of $338,100 and 73.6% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Hobgood costs $1,020 per month, which is 8.1% cheaper than the national average of $1,110 and 16.7% more than the state average of $850.

Can I afford Hobgood?
To live comfortably in Hobgood (zip 27843), North Carolina, a minimum annual income of $14,760 for a family, and $30,800 for a single person is recommended.

What does A.I. say about Hobgood?
The cost of living in 27843 Hobgood, NC is generally quite affordable compared to the national average. Residents here pay an average of $910 per month for housing costs, which is significantly lower than the national average of $1,200 per month. Groceries and health care costs are also very reasonable, with groceries costing around 11 percent below the national average and health care expenses coming in 10 percent less. Overall, living in Hobgood can be a great way to save money while still enjoying a comfortable lifestyle.
   Cost of living score
     CategoriesHobgoodNorth CarolinaUnited States
  73.291.0100.0
  92.496.5100
  125.8107.2100.0
  21.083.1100.0
  $76,300$289,300$338,100
  102.1%99.2%100.0%
  75.583.9100.0
  80.789.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime