Cost of Living in Ocracoke, NC
Housing
The housing market plays a significant role in determining the cost of living in Ocracoke, NC.
- Housing Index: Data is updating
- Median Home Price is: $420,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Based on the available data for Ocracoke, NC, the housing index is currently at 0.0, suggesting that the market dynamics are either stagnant or experiencing minimal activity. With a median home price of 420000, purchasing a home may require substantial investment. The average rent for both 2BR apartments and houses is reported as 0.0 and 0.0, indicating potential challenges for renters. It's vital to evaluate your budget and financial standing, as well as future market predictions, before making a decision about relocating here.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Ocracoke, 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 Ocracoke, 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 Ocracoke is a financially viable option for your relocation.