Cost of Living in Shannon, NC
Housing
The housing market plays a significant role in determining the cost of living in Shannon, NC.
- Housing Index: Data is updating
- Median Home Price is: $119,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Shannon, NC? With a median home price of only 119000, it's an affordable market for home ownership compared to national trends. However, the housing index and average rent values being at zero suggests limited rental options or potential issues collection data. Given these aspects, it’s essential to further research local amenities and job opportunities, as an affordable price tag alone may not indicate a vibrant community. Overall, weigh your options carefully before making a decision to ensure it aligns with your lifestyle preferences and financial goals.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Shannon, 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 Shannon, 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 Shannon is a financially viable option for your relocation.