Cost of Living in Mount gilead, NC
Housing
The housing market plays a significant role in determining the cost of living in Mount gilead, NC.
- Housing Index: 90.2 / 100
- Median Home Price is: $150,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1280 per month
Considering a move to Mount gilead, NC? The housing index of 90.2 indicates it's relatively affordable compared to the national average. With a median home price of 150000, entering the property market could be feasible. Additionally, renting options are available, with an average rent of 1200 for a 2-bedroom apartment and 1280 for a house, allowing flexibility depending on your housing needs. Keep in mind that investing in real estate here can be a smart decision given the low median prices.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Mount gilead, 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 Mount gilead, 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 Mount gilead is a financially viable option for your relocation.