Zip 28673 (Lake Norman of Catawba, NC) Cost of Living


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How much do I need to live in Lake Norman of Catawba, North Carolina?
$7,920 / month
for a family, 46.7% more expensive than the national average A total of $95,040 for the year for a family.
$3,167 / month
for a single person, 33.6% less expensive than the national average A total of $38,000 for the year for a single person.

Lake Norman of Catawba cost of living score
89
Less expensive
11.0% lower
than the US average
2.2% lower
than the North Carolina average
Lake Norman of Catawba (zip 28673), North Carolina gets a BestPlaces Cost of Living score of 89, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.0% lower than the U.S. average and 2.2% higher than the average for North Carolina.

Zip 28673 (Lake Norman of Catawba, NC)

Housing costs in Lake Norman of Catawba?
A typical home costs $495,600, which is 46.6% more expensive than the national average of $338,100 and 71.3% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Lake Norman of Catawba costs $1,160 per month, which is 4.5% more than the national average of $1,110 and 31.9% more than the state average of $790.

Can I afford Lake Norman of Catawba?
To live comfortably in Lake Norman of Catawba (zip 28673), North Carolina, a minimum annual income of $95,040 for a family, and $38,000 for a single person is recommended.

What does A.I. say about Lake Norman of Catawba?
The cost of living in 28673 Lake Norman of Catawba, NC is relatively affordable compared to other areas in the United States. According to BestPlaces, the overall cost of living index for this area is rated at 74.9 which is slightly lower than the average US index of 100. Housing costs are rated as 22.4% lower than the national average and utilities are rated at 6.2% less expensive than other parts of the country. Groceries, transportation, health care and miscellaneous goods and services also rank slightly lower than the national averages making it an attractive location for those looking to save some money while still enjoying all that North Carolina has to offer.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLake Norman of CatawbaNorth CarolinaUnited States
    Unlock91.0100.0
  102.8  Unlock100.0
    Unlock107.2100.0
  150.1  Unlock100.0
    Unlock$289,300$338,100
  98.0  Unlock100.0
    Unlock83.9100.0
  94.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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