Zip 27047 (Siloam, NC) Cost of Living


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How much do I need to live in Siloam, North Carolina?
$3,450 / month
for a family, 36.1% less expensive than the national average A total of $41,400 for the year for a family.
$2,000 / month
for a single person, 58.0% less expensive than the national average A total of $24,000 for the year for a single person.

Siloam cost of living score
78.7
Less expensive
21.3% lower
than the US average
13.5% lower
than the North Carolina average
Siloam (zip 27047), North Carolina gets a BestPlaces Cost of Living score of 78.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.3% lower than the U.S. average and 13.5% higher than the average for North Carolina.

Zip 27047 (Siloam, NC)

Housing costs in Siloam?
A typical home costs $215,800, which is 36.2% less expensive than the national average of $338,100 and 25.4% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Siloam costs $750 per month, which is 47.6% cheaper than the national average of $1,430 and 48.0% cheaper than the state average of $1,110.

Can I afford Siloam?
To live comfortably in Siloam (zip 27047), North Carolina, a minimum annual income of $41,400 for a family, and $24,000 for a single person is recommended.

What does A.I. say about Siloam?
The cost of living in 27047 Siloam, NC is relatively low compared to the national average. The median home price in Siloam is around $100,000, making it a great option for those looking for an affordable place to live. Additionally, the cost of grocery items and other necessities are also much lower than the national average, making it possible to get more bang for your buck when it comes to everyday expenses. In general, Siloam is a great location for those looking for a mix of affordability and convenience in their day-to-day life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSiloamNorth CarolinaUnited States
    Unlock91.0100.0
  95.0  Unlock100.0
    Unlock107.2100.0
  55.0  Unlock100.0
    Unlock$289,300$338,100
  100.9  Unlock100.0
    Unlock83.9100.0
  81.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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