Cost of Living in Shallotte, NC
Housing
The housing market plays a significant role in determining the cost of living in Shallotte, NC.
- Housing Index: 90.0 / 100
- Median Home Price is: $294,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1280 per month
In Shallotte, NC, the housing index stands at 90.0, indicating a slightly below-average overall affordability in comparison to national standards. The median home price of 294000 suggests it's relatively accessible, particularly for buyers adjusting to the local market. Monthly rentals reflect a competitive landscape, with average rent for a 2BR apartment at 1200 and a 2BR house at 1280. It's vital to consider local amenities and job market dynamics which may enhance your living experience, making Shallotte a potentially attractive option if affordability aligns with your budget.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Shallotte, 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 Shallotte, 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 Shallotte is a financially viable option for your relocation.