Housing costs in Norman?
A typical home costs
$122,900, which is 63.6% less expensive than the national average of
$338,100 and 57.5% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Norman costs
$770 per month, which is 30.6% cheaper than the national average of
$1,110 and close to the state average of
$770.
Can I afford Norman?
To live comfortably in Norman (zip 28367), North Carolina, a minimum annual income of
$23,400 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Norman?
Living in 28367 Norman, NC is relatively affordable. The cost of living index is around 85.2, which is 15.8% lower than the US average. Housing costs are especially low, with median home values coming in at around $125,700. Those looking to rent will find median prices of around $737 per month for a one-bedroom apartment or $899 for a two-bedroom apartment. Food and grocery expenses come in at 3% below the national average, while transportation costs are about 8% below the US average. Overall, 28367 Norman, NC offers affordability for those looking for an attractive place to call home.