Zip 28386 (Shannon, NC) Cost of Living


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Shannon cost of living score
72
Less expensive
28.0% lower
than the US average
20.9% lower
than the North Carolina average
Shannon (zip 28386), North Carolina gets a BestPlaces Cost of Living score of 72, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 28.0% lower than the U.S. average and 20.9% higher than the average for North Carolina.

Zip 28386 (Shannon, NC)

Housing costs in Shannon?
A typical home costs $101,700, which is 69.9% less expensive than the national average of $338,100 and 64.8% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Shannon costs $860 per month, which is 22.5% cheaper than the national average of $1,110 and 10.5% more than the state average of $770.

Can I afford Shannon?
To live comfortably in Shannon (zip 28386), North Carolina, a minimum annual income of $19,440 for a family, and $26,400 for a single person is recommended.

What does A.I. say about Shannon?
The cost of living in 28386 Shannon, NC is quite reasonable. The prices of goods and services are generally lower than the national average, allowing residents to enjoy a comfortable lifestyle at an affordable rate. Groceries, housing costs, and transportation expenses all remain relatively low compared to other areas in the US. In addition, Shannon has no state income tax which can help to further reduce the overall cost of living for its citizens. All in all, Shannon provides a great quality of life for its residents at a reasonable price.
   Cost of living score
     CategoriesShannonNorth CarolinaUnited States
  72.091.0100.0
  91.896.5100
  114.8107.2100.0
  24.283.1100.0
  $101,700$289,300$338,100
  100.4%99.2%100.0%
  82.983.9100.0
  79.489.2100.0

   100=National Average

   Average Rent by Bedroom Size
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