Zip 27542 (Kenly, NC) Cost of Living


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Kenly cost of living score
92.7
Less expensive
7.3% lower
than the US average
1.9% higher
than the North Carolina average
Kenly (zip 27542), North Carolina gets a BestPlaces Cost of Living score of 92.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.3% lower than the U.S. average and 1.9% lower than the average for North Carolina.

Zip 27542 (Kenly, NC)

Housing costs in Kenly?
A typical home costs $217,300, which is 35.7% less expensive than the national average of $338,100 and 24.9% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Kenly costs $1,120 per month, which is 0.9% more than the national average of $1,110 and 25.9% cheaper than the state average of $1,410.

Can I afford Kenly?
To live comfortably in Kenly (zip 27542), North Carolina, a minimum annual income of $41,760 for a family, and $39,600 for a single person is recommended.

What does A.I. say about Kenly?
Living in 27542 Kenly, NC is relatively affordable. According to BestPlaces, the cost of living index in Kenly is 82.5, which is significantly lower than the U.S. average of 100. This makes it an ideal place for those looking to save money on day-to-day expenses such as housing and groceries. In addition, with median home prices hovering around $120,000 and median rent being approximately $780 per month, it's easy to find affordable housing options in this area. With the low cost of living in Kenly, residents are able to enjoy a comfortable lifestyle without breaking the bank.
   Cost of living score
     CategoriesKenlyNorth CarolinaUnited States
  92.791.0100.0
  95.596.5100
  98.7107.2100.0
  59.383.1100.0
  $217,300$289,300$338,100
  98.5%99.2%100.0%
  75.983.9100.0
  93.989.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime