Cost of Living in Pineville, NC
Housing
The housing market plays a significant role in determining the cost of living in Pineville, NC.
- Housing Index: 110.0 / 100
- Median Home Price is: $410,000
- Average Rent (2 BR Apartment): $1600 per month
- Average Rent (2 BR House): $1640 per month
When considering a move to Pineville, NC, the housing index stands at 110.0, indicating a slightly above-average market. The median home price of 410000 suggests relatively high housing costs, though owning might be favorable in the long run. Average rent for a 2-bedroom apartment is around 1600, while a 2-bedroom house is slightly higher at 1640. For individuals or families, weighing the advantages of renting versus buying is crucial here. Also, look out for job opportunities and amenities, as they can significantly impact cost of living.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Pineville, 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 Pineville, 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 Pineville is a financially viable option for your relocation.