Zip 28906 (Murphy, NC) Cost of Living


1 Reviews



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United States / North Carolina / No Metro Area / Cherokee County / Murphy / Murphy (zip 28906)
How much do I need to live in Murphy, North Carolina?
$4,350 / month
for a family, 19.4% less expensive than the national average A total of $52,200 for the year for a family.
$2,067 / month
for a single person, 56.6% less expensive than the national average A total of $24,800 for the year for a single person.

Murphy cost of living score
82.1
Less expensive
17.9% lower
than the US average
9.8% lower
than the North Carolina average
Murphy (zip 28906), North Carolina gets a BestPlaces Cost of Living score of 82.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.9% lower than the U.S. average and 9.8% higher than the average for North Carolina.

Zip 28906 (Murphy, NC)

Housing costs in Murphy?
A typical home costs $271,900, which is 19.6% less expensive than the national average of $338,100 and 6.0% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Murphy costs $820 per month, which is 42.7% cheaper than the national average of $1,430 and 35.4% cheaper than the state average of $1,110.

Can I afford Murphy?
To live comfortably in Murphy (zip 28906), North Carolina, a minimum annual income of $52,200 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Murphy?
The cost of living in 28906 Murphy, NC is relatively low. The median home value for this area is $113,600, and the median rent price is just $750. Prices for groceries, healthcare, and utilities are all quite affordable compared to many other parts of the country. Taxes are also quite low compared to other areas as well. All in all, living in Murphy can be a great value for those looking to stay within budget while enjoying a comfortable lifestyle.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMurphyNorth CarolinaUnited States
    Unlock91.0100.0
  96.7  Unlock100.0
    Unlock107.2100.0
  61.2  Unlock100.0
    Unlock$289,300$338,100
  99.5  Unlock100.0
    Unlock83.9100.0
  75.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Murphy
    See all (1)

Over 8 years ago

Murphy , N.C. has my heart I've lived in several states but not one place I've ever lived has felt like home until I met Murphy . The downtown square is as picture  More

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