Zip 28450 (Lake Waccamaw, NC) Cost of Living


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United States / North Carolina / No Metro Area / Columbus County / Lake Waccamaw / Lake Waccamaw (zip 28450)
How much do I need to live in Lake Waccamaw, North Carolina?
$4,980 / month
for a family, 7.8% less expensive than the national average A total of $59,760 for the year for a family.
$2,233 / month
for a single person, 53.2% less expensive than the national average A total of $26,800 for the year for a single person.

Lake Waccamaw cost of living score
76.8
Less expensive
23.2% lower
than the US average
15.6% lower
than the North Carolina average
Lake Waccamaw (zip 28450), North Carolina gets a BestPlaces Cost of Living score of 76.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.2% lower than the U.S. average and 15.6% higher than the average for North Carolina.

Zip 28450 (Lake Waccamaw, NC)

Housing costs in Lake Waccamaw?
A typical home costs $312,500, which is 7.6% less expensive than the national average of $338,100 and 8.0% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Lake Waccamaw costs $880 per month, which is 38.5% cheaper than the national average of $1,430 and 26.1% cheaper than the state average of $1,110.

Can I afford Lake Waccamaw?
To live comfortably in Lake Waccamaw (zip 28450), North Carolina, a minimum annual income of $59,760 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Lake Waccamaw?
The cost of living in 28450 Lake Waccamaw, NC is quite reasonable compared to other areas. The median home value is $142,100, which is well below the national average, and the median monthly rent is just $794. Furthermore, utilities are extremely affordable at just 10% higher than the national average. Groceries and health services tend to be slightly more expensive due to their remote location but are still more affordable than most areas. Overall, 28450 Lake Waccamaw is an affordable place to live with plenty of amenities for its residents.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLake WaccamawNorth CarolinaUnited States
    Unlock91.0100.0
  99.2  Unlock100.0
    Unlock107.2100.0
  84.9  Unlock100.0
    Unlock$289,300$338,100
  101.7  Unlock100.0
    Unlock83.9100.0
  75.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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