Housing costs in Kannapolis?
A typical home costs
$240,800, which is 28.8% less expensive than the national average of
$338,100 and 16.8% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Kannapolis costs
$1,100 per month, which is 0.9% cheaper than the national average of
$1,110 and 13.6% cheaper than the state average of
$1,250.
Can I afford Kannapolis?
To live comfortably in Kannapolis (zip 28083), North Carolina, a minimum annual income of
$46,080 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Kannapolis?
The cost of living in Kannapolis, NC (28083) is generally considered to be reasonable. According to BestPlaces's Cost of Living Index, Kannapolis' overall cost of living is 6% lower than the United States average. Housing costs are particularly low, with an index rating that is 30% below the national average. This means that you can expect to pay less for rent or mortgage payments in Kannapolis than other areas in the US. Groceries and restaurant prices are also relatively inexpensive, coming in at 4% and 9% cheaper than the national averages respectively. Prices for transportation, goods and services are all comparable to other cities across the country. All things considered, Kannapolis is a great place to live if you're looking for a reasonably-priced city close to Charlotte, NC.