Cost of Living in Fairview, NC
Housing
The housing market plays a significant role in determining the cost of living in Fairview, NC.
- Housing Index: 115.0 / 100
- Median Home Price is: $392,000
- Average Rent (2 BR Apartment): $1500 per month
- Average Rent (2 BR House): $1600 per month
Considering a move to Fairview, NC? With a housing index of 115.0, which is above the national average, the demand for housing here is evident. The median home price of 392000 indicates a competitive market for homebuyers while the average rent for a 2BR apartment at 1500 and a house at 1600 suggests a balanced rental landscape. If you're seeking affordability, explore neighborhoods with lower rents, potentially benefiting from the area's amenities and schools. The current market dynamics signify good prospects for both buying and renting.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Fairview, NC.
- Electricity Price: $13.72 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Fairview, 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 $250 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 Fairview is a financially viable option for your relocation.