Zip 27576 (Selma, NC) Cost of Living


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How much do I need to live in Selma, North Carolina?
$3,900 / month
for a family, 27.8% less expensive than the national average A total of $46,800 for the year for a family.
$3,200 / month
for a single person, 32.9% less expensive than the national average A total of $38,400 for the year for a single person.

Selma cost of living score
92.7
Less expensive
7.3% lower
than the US average
1.9% higher
than the North Carolina average
Selma (zip 27576), North Carolina gets a BestPlaces Cost of Living score of 92.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.3% lower than the U.S. average and 1.9% lower than the average for North Carolina.

Zip 27576 (Selma, NC)

Housing costs in Selma?
A typical home costs $243,500, which is 28.0% less expensive than the national average of $338,100 and 15.8% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Selma costs $1,080 per month, which is 2.7% cheaper than the national average of $1,110 and 30.6% cheaper than the state average of $1,410.

Can I afford Selma?
To live comfortably in Selma (zip 27576), North Carolina, a minimum annual income of $46,800 for a family, and $38,400 for a single person is recommended.

What does A.I. say about Selma?
The cost of living in 27576 Selma, NC is quite affordable compared to other parts of the United States. The median home price in 27576 Selma, NC is only $90,400, which is significantly lower than the national average of $200,000. Additionally, the area has a low unemployment rate and high job growth rating. This makes it easier for residents to find well-paying jobs and meet their basic needs. In addition to this, the cost of food and utilities is also relatively low compared to other areas. All of these factors make 27576 Selma, NC an ideal place for people looking for an affordable place to live while still having access to a wide variety of amenities and services.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSelmaNorth CarolinaUnited States
    Unlock91.0100.0
  94.9  Unlock100.0
    Unlock107.2100.0
  62.0  Unlock100.0
    Unlock$289,300$338,100
  98.5  Unlock100.0
    Unlock83.9100.0
  93.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Selma
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Over 4 years ago

Been here for 2 years and LOVE it! My house is on a quiet road, yet I'm 5 minutes from all the stores and highways that a person could want. Pine Level is just up the  More

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