Housing costs in Shallotte?
A typical home costs
$292,800, which is 13.4% less expensive than the national average of
$338,100 and 1.2% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Shallotte costs
$870 per month, which is 21.6% cheaper than the national average of
$1,110 and 25.3% cheaper than the state average of
$1,090.
Can I afford Shallotte?
To live comfortably in Shallotte (zip 28470), North Carolina, a minimum annual income of
$56,160 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Shallotte?
The cost of living in 28470 Shallotte, NC is relatively low compared to other parts of the country. According to a survey from the Council for Community and Economic Research, the overall cost of living in 28470 Shallotte is 8.3% lower than the national average. Housing costs are particularly low, with the median home value coming in at $193,200—well below that of other major cities like Washington DC and New York City. Other costs such as groceries, utilities, transportation and healthcare also remain lower than average. This makes 28470 Shallotte an ideal location for those looking to stretch their money further without sacrificing quality of life.