Zip 27559 (Moncure, NC) Cost of Living


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How much do I need to live in Moncure, North Carolina?
$6,030 / month
for a family, 11.7% more expensive than the national average A total of $72,360 for the year for a family.
$3,267 / month
for a single person, 31.5% less expensive than the national average A total of $39,200 for the year for a single person.

Moncure cost of living score
109.2
More expensive
9.2% higher
than the US average
20.0% higher
than the North Carolina average
Moncure (zip 27559), North Carolina gets a BestPlaces Cost of Living score of 109.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 9.2% higher than the U.S. average and 20.0% higher than the average for North Carolina.

Zip 27559 (Moncure, NC)

Housing costs in Moncure?
A typical home costs $377,300, which is 11.6% more expensive than the national average of $338,100 and 30.4% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Moncure costs $1,130 per month, which is 1.8% more than the national average of $1,110 and 11.5% cheaper than the state average of $1,260.

Can I afford Moncure?
To live comfortably in Moncure (zip 27559), North Carolina, a minimum annual income of $72,360 for a family, and $39,200 for a single person is recommended.

What does A.I. say about Moncure?
The cost of living in 27559 Moncure, NC is relatively low compared to the rest of the United States. The estimated cost of living index (COLI) for the area is 87.4, which is about 13% lower than the national average COLI of 100. Housing costs are very affordable, with an average home price of $132,000 and a median rent of just under $700 per month. Groceries and utilities are also reasonably priced with gas prices just slightly above the US average and electric rates below it. Overall, Moncure offers low-cost living that makes it attractive to those looking for an affordable place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMoncureNorth CarolinaUnited States
    Unlock91.0100.0
  98.4  Unlock100.0
    Unlock107.2100.0
  92.7  Unlock100.0
    Unlock$289,300$338,100
  100.7  Unlock100.0
    Unlock83.9100.0
  113.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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