Housing costs in Raeford?
A typical home costs
$226,600, which is 33.0% less expensive than the national average of
$338,100 and 21.7% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Raeford costs
$970 per month, which is 12.6% cheaper than the national average of
$1,110 and 3.1% cheaper than the state average of
$1,000.
Can I afford Raeford?
To live comfortably in Raeford (zip 28376), North Carolina, a minimum annual income of
$43,560 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Raeford?
The cost of living in 28376 Raeford, NC is fairly reasonable compared to the national average. According to BestPlaces’s Cost of Living Index, the overall cost of living in 28376 Raeford is about 8% lower than the U.S. average. In terms of housing costs, the median home price in Raeford is around $133,000, which is nearly 20% lower than the national average. Renters can expect to pay an average of $847 per month for a one-bedroom apartment and $1,050 for a two-bedroom apartment. Grocery costs in 28376 are also slightly below average with a monthly index score of 92.5 out of 100 points. All these factors combine to make living in Raeford an affordable option for many residents.