Zip 27298 (Liberty, NC) Cost of Living


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How much do I need to live in Liberty, North Carolina?
$3,360 / month
for a family, 37.8% less expensive than the national average A total of $40,320 for the year for a family.
$3,200 / month
for a single person, 32.9% less expensive than the national average A total of $38,400 for the year for a single person.

Liberty cost of living score
80.5
Less expensive
19.5% lower
than the US average
11.5% lower
than the North Carolina average
Liberty (zip 27298), North Carolina gets a BestPlaces Cost of Living score of 80.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.5% lower than the U.S. average and 11.5% higher than the average for North Carolina.

Zip 27298 (Liberty, NC)

Housing costs in Liberty?
A typical home costs $210,700, which is 37.7% less expensive than the national average of $338,100 and 27.2% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Liberty costs $1,090 per month, which is 1.8% cheaper than the national average of $1,110 and 7.3% more than the state average of $1,010.

Can I afford Liberty?
To live comfortably in Liberty (zip 27298), North Carolina, a minimum annual income of $40,320 for a family, and $38,400 for a single person is recommended.

What does A.I. say about Liberty?
The cost of living in 27298 Liberty, NC is relatively affordable. According to the BestPlaces Livability Score, the cost of living index for the city is 85, which is 15 points lower than the national average of 100. Property and rental prices are also on the lower end when compared to nearby cities and towns. For example, median home prices in Liberty are $94,000 which is much less than the North Carolina state median of $168,000. Renters can expect to pay around $636 a month for a one bedroom apartment in Liberty versus about $900 a month in Durham. Overall, residents of 27298 Liberty can enjoy an affordable cost of living without sacrificing quality amenities and services.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLibertyNorth CarolinaUnited States
    Unlock91.0100.0
  95.1  Unlock100.0
    Unlock107.2100.0
  62.3  Unlock100.0
    Unlock$289,300$338,100
  101.6  Unlock100.0
    Unlock83.9100.0
  81.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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