Zip 27562 (New Hill, NC) Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

New Hill cost of living score
105.8
More expensive
5.8% higher
than the US average
16.3% higher
than the North Carolina average
New Hill (zip 27562), North Carolina gets a BestPlaces Cost of Living score of 105.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.8% higher than the U.S. average and 16.3% higher than the average for North Carolina.

Zip 27562 (New Hill, NC)

Housing costs in New Hill?
A typical home costs $622,300, which is 84.1% more expensive than the national average of $338,100 and 115.1% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in New Hill costs $1,170 per month, which is 5.4% more than the national average of $1,110 and 20.5% cheaper than the state average of $1,410.

Can I afford New Hill?
To live comfortably in New Hill (zip 27562), North Carolina, a minimum annual income of $119,160 for a family, and $41,600 for a single person is recommended.

What does A.I. say about New Hill?
The cost of living in 27562 New Hill, NC is relatively low compared to the national average. For example, housing costs are 8% lower than the national average, and groceries, healthcare and utilities are also 9% lower than the national average. Additionally, taxes are almost 18% lower than the national average. This makes 27562 New Hill a great place for families who want to enjoy a comfortable lifestyle without breaking the bank.
   Cost of living score
     CategoriesNew HillNorth CarolinaUnited States
  105.891.0100.0
  103.996.5100
  94.8107.2100.0
  165.183.1100.0
  $622,300$289,300$338,100
  101.0%99.2%100.0%
  90.083.9100.0
  111.489.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime