Housing costs in New Bern?
A typical home costs
$275,000, which is 18.7% less expensive than the national average of
$338,100 and 4.9% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in New Bern costs
$1,070 per month, which is 3.6% cheaper than the national average of
$1,110 and close to the state average of
$1,060.
Can I afford New Bern?
To live comfortably in New Bern (zip 28562), North Carolina, a minimum annual income of
$52,560 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about New Bern?
The cost of living in 28562 New Bern, NC is quite affordable. According to the Cost of Living Index, 28562 is a mere 16.7% higher than the national average. This is largely due to the fact that housing costs only 11% more than the average American town or city. Additionally, food costs are quite low at 6% below the national average and utilities including electricity and water are less expensive than most other locations across the United States. Overall, 28562 New Bern, NC is an affordable place to live with prices lower than many other areas in North Carolina and throughout the country.