Cost of Living in Speed, NC
Housing
The housing market plays a significant role in determining the cost of living in Speed, NC.
- Housing Index: Data is updating
- Median Home Price is: $100,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
In considering a move to Speed, NC, the current data reveals a median home price of 100000. The housing index shows a standstill at 0.0, while average rents for 2-bedroom apartments and houses are absent. Given the low home price, this may attract first-time buyers seeking affordability, but the lack of rental data suggests limited availability or highly variable pricing. It's advisable to explore local market trends and amenities in addition to housing costs, to get a clearer picture of overall livability in Speed.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Speed, 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 Speed, 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 Speed is a financially viable option for your relocation.