Zip 28308 (Spring Lake, NC) Cost of Living


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How much do I need to live in Spring Lake, North Carolina?
$3,180 / month
for a family, 41.1% less expensive than the national average A total of $38,160 for the year for a family.
$3,100 / month
for a single person, 35.0% less expensive than the national average A total of $37,200 for the year for a single person.

Spring Lake cost of living score
81.4
Less expensive
18.6% lower
than the US average
10.5% lower
than the North Carolina average
Spring Lake (zip 28308), North Carolina gets a BestPlaces Cost of Living score of 81.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 18.6% lower than the U.S. average and 10.5% higher than the average for North Carolina.

Zip 28308 (Spring Lake, NC)

Housing costs in Spring Lake?
A typical home costs $198,300, which is 41.3% less expensive than the national average of $338,100 and 31.5% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Spring Lake costs $1,070 per month, which is 3.6% cheaper than the national average of $1,110 and 6.5% more than the state average of $1,000.

Can I afford Spring Lake?
To live comfortably in Spring Lake (zip 28308), North Carolina, a minimum annual income of $38,160 for a family, and $37,200 for a single person is recommended.

What does A.I. say about Spring Lake?
The cost of living in Spring Lake, NC (28308) is slightly higher than the national average. The median home cost in Spring Lake is about $176,000, which is a bit higher than the national median home value of about $175,000. Rent prices in Spring Lake are also slightly higher than the national average; renting a one-bedroom apartment averages about $795 whereas it averages around $800 nationally. Groceries tend to be on par with the nation’s average, but health care costs are slightly lower than the national average. The overall cost of living in 28308 Spring Lake, NC is higher than the nation’s but not by too much; it provides its residents with many benefits and amenities to make up for the difference.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSpring LakeNorth CarolinaUnited States
    Unlock91.0100.0
  96.1  Unlock100.0
    Unlock107.2100.0
  67.2  Unlock100.0
    Unlock$289,300$338,100
  97.6  Unlock100.0
    Unlock83.9100.0
  98.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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