Housing costs in Mount Olive?
A typical home costs
$104,800, which is 69.0% less expensive than the national average of
$338,100 and 63.8% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Mount Olive costs
$800 per month, which is 27.9% cheaper than the national average of
$1,110 and 15.0% cheaper than the state average of
$920.
Can I afford Mount Olive?
To live comfortably in Mount Olive (zip 28365), North Carolina, a minimum annual income of
$20,160 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Mount Olive?
The cost of living in 28365 Mount Olive, NC is fairly reasonable compared to other areas in the United States. According to Best Places, the overall cost of living index is 89.1, which is 11.9% lower than the U.S average. The median home value is $132,500 and the median rent price is $854 per month. In addition, groceries, utilities and transportation costs are also lower than the US average. Overall, Mount Olive provides an affordable place to live for those looking for a safe community with plenty of amenities nearby.