Housing costs in Morven?
A typical home costs
$89,600, which is 73.5% less expensive than the national average of
$338,100 and 69.0% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Morven costs
$1,070 per month, which is 25.2% cheaper than the national average of
$1,430 and 3.7% cheaper than the state average of
$1,110.
Can I afford Morven?
To live comfortably in Morven (zip 28119), North Carolina, a minimum annual income of
$17,280 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Morven?
The cost of living in Morven, NC is relatively low compared to other cities and towns across the United States. The median home value in Morven is $117,400, which is significantly lower than the national average of $231,200. The median rent price in Morven is also lower than the average U.S. rent price at $768 per month compared to the U.S. average at $1,125 per month. In addition, groceries and dining out in Morven are generally cheaper than what you would find elsewhere in the country with a cost index of 94 compared to the national index of 100. All of these factors make living in 28119 Morven a great option for those looking for an affordable place to call home.