Cost of Living in Dunn, NC
Housing
The housing market plays a significant role in determining the cost of living in Dunn, NC.
- Housing Index: 110.0 / 100
- Median Home Price is: $221,000
- Average Rent (2 BR Apartment): $1400 per month
- Average Rent (2 BR House): $1440 per month
When analyzing the housing market in Dunn, NC, several key indicators unfold. With a housing index of 110.0, it indicates affordability is slightly above the national average, making it essential to budget carefully for long-term investments. The median home price of 221000 shows a competitive market, although renting might be more accessible with average rents of 1400 for apartments and 1440 for houses. Overall, if affordability and your lifestyle align, Dunn could be a promising choice, especially considering the long-term benefits of home ownership versus renting.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Dunn, NC.
- Electricity Price: $13.72 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $200 per month
Living in Dunn, 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 $200 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 Dunn is a financially viable option for your relocation.