Housing costs in Penrose?
A typical home costs
$345,000, which is 2.0% more expensive than the national average of
$338,100 and 19.3% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Penrose costs
$1,430 per month, which is 0.0% cheaper than the national average of
$1,430 and 22.4% more than the state average of
$1,110.
Can I afford Penrose?
To live comfortably in Penrose (zip 28766), North Carolina, a minimum annual income of
$66,240 for a family, and
$43,600 for a single person is recommended.
What does A.I. say about Penrose?
The cost of living in 28766 Penrose, NC is relatively low compared to other cities and towns in the United States. The median home value for this area is $95,400, which is lower than the national average of $184,700. Additionally, overall housing costs are 8% lower than the U.S. average. The median household income for this area is $41,636, significantly lower than the national average of $61,937. Other factors such as food, transportation, and utilities also remain on par or even lower than the national averages; making Penrose a great place to live for those looking to save money while maintaining their lifestyle.