Zip 28097 (Locust, NC) Cost of Living


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How much do I need to live in Locust, North Carolina?
$5,700 / month
for a family, 5.6% more expensive than the national average A total of $68,400 for the year for a family.
$2,600 / month
for a single person, 45.5% less expensive than the national average A total of $31,200 for the year for a single person.

Locust cost of living score
81.1
Less expensive
18.9% lower
than the US average
10.9% lower
than the North Carolina average
Locust (zip 28097), North Carolina gets a BestPlaces Cost of Living score of 81.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 18.9% lower than the U.S. average and 10.9% higher than the average for North Carolina.

Zip 28097 (Locust, NC)

Housing costs in Locust?
A typical home costs $357,200, which is 5.6% more expensive than the national average of $338,100 and 23.5% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Locust costs $940 per month, which is 15.3% cheaper than the national average of $1,110 and 12.8% more than the state average of $820.

Can I afford Locust?
To live comfortably in Locust (zip 28097), North Carolina, a minimum annual income of $68,400 for a family, and $31,200 for a single person is recommended.

What does A.I. say about Locust?
28097 Locust, NC is a small town with a population of just over 8,000 residents. The cost of living in this area is significantly lower than the US average. The cost of housing is particularly low, with the median home value coming in at $149,000 and rental costs averaging around $800 per month. Groceries and other basic necessities such as healthcare are also quite affordable here. While there are some higher-priced items such as gas and electricity that may be slightly higher than elsewhere, overall the cost of living in Locust is still fairly low.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLocustNorth CarolinaUnited States
    Unlock91.0100.0
  96.6  Unlock100.0
    Unlock107.2100.0
  85.4  Unlock100.0
    Unlock$289,300$338,100
  101.1  Unlock100.0
    Unlock83.9100.0
  81.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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