Housing costs in Powells Point?
A typical home costs
$372,400, which is 10.1% more expensive than the national average of
$338,100 and 28.7% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Powells Point costs
$1,240 per month, which is 13.3% cheaper than the national average of
$1,430 and 10.5% more than the state average of
$1,110.
Can I afford Powells Point?
To live comfortably in Powells Point (zip 27966), North Carolina, a minimum annual income of
$71,280 for a family, and
$42,400 for a single person is recommended.
What does A.I. say about Powells Point?
The cost of living in 27966 Powells Point, NC is quite reasonable. According to BestPlaces, the composite index for this area is slightly below the national average. Specifically, basic groceries are 7% lower than the United States average, while prices of consumer goods and services are approximately 4% lower. Despite being a coastal area, housing costs are also relatively low compared to other areas - monthly rent for a two-bedroom apartment is about 10% cheaper than the national average. With grocery and housing costs under control, living in Powells Point can be an affordable experience.