Zip 28159 (Spencer, NC) Cost of Living


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Spencer cost of living score
85.1
Less expensive
14.9% lower
than the US average
6.5% lower
than the North Carolina average
Spencer (zip 28159), North Carolina gets a BestPlaces Cost of Living score of 85.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.9% lower than the U.S. average and 6.5% higher than the average for North Carolina.

Zip 28159 (Spencer, NC)

Housing costs in Spencer?
A typical home costs $177,000, which is 47.6% less expensive than the national average of $338,100 and 38.8% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Spencer costs $1,170 per month, which is 5.4% more than the national average of $1,110 and 6.8% cheaper than the state average of $1,250.

Can I afford Spencer?
To live comfortably in Spencer (zip 28159), North Carolina, a minimum annual income of $33,840 for a family, and $38,400 for a single person is recommended.

What does A.I. say about Spencer?
Living in 28159 Spencer, NC can be quite affordable. The median housing costs are around $77,000, which is well below the national average. Property and income taxes are also lower than the national average in this area. There is no state income tax in North Carolina. Other cost of living expenses such as utilities, groceries, and transportation are also below the national average. Furthermore, many restaurants and stores offer deals and discounts to local residents. Overall, 28159 Spencer, NC provides a high quality of life at an affordable price for everyone who lives there.
   Cost of living score
     CategoriesSpencerNorth CarolinaUnited States
  85.191.0100.0
  93.196.5100
  94.2107.2100.0
  39.283.1100.0
  $177,000$289,300$338,100
  97.3%99.2%100.0%
  88.483.9100.0
  83.089.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime