Cheapest Places To Live In North Carolina []: Based on Real Estate, Cost Of Living, and Income.
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What is the cheapest place to live in nc- What is the cheapest place to live in nc
Nashville in North Carolina is a very different place to Nashville in Tennessee. Not only is Nashville one of the most affordable places to live in North Carolina, but it is also one of the safest places to live in the state. If these two benefits are not enough to persuade you that Nashville is a good option, then consider that there is a strong job market in the surrounding area, and there are lots of outdoor activities to enjoy.
On the downside, the schools in the area are not great. Regardless of whether you are renting or buying a property, Winterville is an affordable place to live.
Although the house prices are higher than in many other North Carolina towns and cities, it is counteracted by the higher median household income in this area. The higher earning potential is thanks to the high-paying job opportunities across various sectors. Winterville is a city in Pitt County with 9, residents.
Newton is a town in Catawba County with a population of 13, However, renting is not as cheap as in other areas, so Newton is more affordable for those who intend to buy their own homes. Another reason that Newton is an affordable place in which to live is that there are lots of nice outdoor spaces and parks to enjoy, which gives residents ways to spend their leisure time without spending any money.
Although the cost of buying a property is reasonable, renting is especially affordable in Archdale. In the past, the economy of the city revolved around agriculture, but there is now a greater emphasis on industries including healthcare, technology, and manufacturing.
Therefore, the rate of unemployment is low, and the earning potential is good. Affordability is not the only reason for people to consider living in Archdale, as there are excellent schools, plenty of activities for families, and strong transport links. Therefore, there are many employment opportunities in the healthcare and education sectors.
It is an affordable place to live, as the earning potential is good while the property prices and cost of rental are low. Therefore, the unemployment rate in this city is low, and earning opportunities are decent. Renting and buying a property are both affordable options in this city, as is the general cost of living. Marion is home to 7, people, and many people earn a reasonable living. For those who are renting, this is the best location to choose, as it has the best income-to-rent ratio in the state.
Buying property in this town is also affordable, as it has the fourth-best home price to income ratio in North Carolina. Located in Caldwell County, Sawmills is known as the biggest little town in the foothills, and it has a population of 5, people. It has the best income to property price ratio, which makes it the most affordable place to live for people who are buying a home.
However, the income to rental price is not as good as the cost of renting is higher than some other location on this list.
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Skip to content Depending on their life stage, personal circumstances, lifestyle, and needs, people consider different factors when choosing where to live. Albemarle Both property prices and the cost of renting are low in Albemarle, which is a town in Stanly County. Winterville Regardless of whether you are renting or buying a property, Winterville is an affordable place to live.
Asheboro is the seat of Randolph County and is best known for the North Carolina Zoo, featuring over 1, animals. Enjoy visiting the multitude of parks throughout the city, as well as many unique attractions.
If you love the thought of living in a small town then Tarboro may be ideal — only 10, call it home. On warm days, you can enjoy fishing at Indian Lake and participate in a multitude of recreational activities at the adjacent Indian Lakes Sports Complex.
If you prefer indoor comfort, check out the art galleries at Blount-Bridgers House. With over 30, residents, Sanford is one of the larger cities on our list. Kinston is located in Lenoir County in eastern North Carolina. Downtown Kinston is a thriving scene of restaurants, history museums, art galleries, and even a fire station museum.
Need to cool down? With a population of 54,, Rocky Mount is the most populated city on our list. The Tar River winds its way through the city, and you can check out waterside attractions like Rocky Mount Mills, an acre former cotton mill turned into an urban space for restaurants, breweries, and residencies.
Rounding out our top 10 is Reidsville , located in Rockingham County. One highlight is Lake Reidsville and the surrounding parks, where you can enjoy camping, fishing, and boating. If you want to take a trip to a big city, Greensboro is a mere 24 miles south, making weekend jaunts a breeze.
While the list above is sorted by the lowest overall cost of living index, the following cities have the lowest home price to income ratio, meaning you can get more home for your money. She writes blogs on new homes, decor, communities, and more for NewHomeSource.
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