Cost of Living in Bailey, NC
Housing
The housing market plays a significant role in determining the cost of living in Bailey, NC.
- Housing Index: Data is updating
- Median Home Price is: $199,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Bailey, NC? The current housing index of 0.0 suggests a highly affordable real estate market. With a median home price of 199000, you can find great value in property investments. Although the data indicates an absence of available rentals, factors such as neighborhood appeal, amenities, and lifestyle options could mean low inventory rather than lack of demand. If you're contemplating this locale, it's an opportune time to explore your housing options and potentially secure a home at a great price before market conditions change.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Bailey, NC.
- Electricity Price: $13.72 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Bailey, NC could entail higher utility costs. Electricity costs sit at $13.72, while natural gas is priced at data unavailable per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bailey is a financially viable option for your relocation.