Zip 27960 (Ocracoke, NC) Cost of Living


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United States / North Carolina / No Metro Area / Hyde County / Ocracoke / Ocracoke (zip 27960)
How much do I need to live in Ocracoke, North Carolina?
$8,100 / month
for a family, 50.0% more expensive than the national average A total of $97,200 for the year for a family.
$3,100 / month
for a single person, 35.0% less expensive than the national average A total of $37,200 for the year for a single person.

Ocracoke cost of living score
80.3
Less expensive
19.7% lower
than the US average
11.8% lower
than the North Carolina average
Ocracoke (zip 27960), North Carolina gets a BestPlaces Cost of Living score of 80.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.7% lower than the U.S. average and 11.8% higher than the average for North Carolina.

Zip 27960 (Ocracoke, NC)

Housing costs in Ocracoke?
A typical home costs $506,900, which is 49.9% more expensive than the national average of $338,100 and 75.2% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Ocracoke costs $1,150 per month, which is 19.6% cheaper than the national average of $1,430 and 3.5% more than the state average of $1,110.

Can I afford Ocracoke?
To live comfortably in Ocracoke (zip 27960), North Carolina, a minimum annual income of $97,200 for a family, and $37,200 for a single person is recommended.

What does A.I. say about Ocracoke?
The cost of living in 27960 Ocracoke, NC is relatively low compared to the national average. While there are some higher priced items, groceries and other everyday items tend to be affordable due to the small size of the island. Housing prices are also very reasonable, with a median price for a single family home being around $300,000. Overall, 27960 Ocracoke is an affordable place to live for people looking for an island getaway.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesOcracokeNorth CarolinaUnited States
    Unlock91.0100.0
  95.7  Unlock100.0
    Unlock107.2100.0
  50.3  Unlock100.0
    Unlock$289,300$338,100
  100.4  Unlock100.0
    Unlock83.9100.0
  74.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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