Cost of Living in Orrum, NC
Housing
The housing market plays a significant role in determining the cost of living in Orrum, NC.
- Housing Index: Data is updating
- Median Home Price is: $105,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Orrum, NC? The current housing index suggests a potential opportunity for savvy buyers since rates appear favorable given that the median home price is set at 105000. Although rental data for both 2-bedroom apartments and houses shows zero (0.0 and 0.0), this could indicate a market void to seize upon. Research further into the area's economy and job market, as they will ultimately impact housing demands and long-term value. This region may present a hidden gem for future investments.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Orrum, 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 Orrum, 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 Orrum is a financially viable option for your relocation.