Cost of Living in Clayton, NC
Housing
The housing market plays a significant role in determining the cost of living in Clayton, NC.
- Housing Index: 110.0 / 100
- Median Home Price is: $395,000
- Average Rent (2 BR Apartment): $1350 per month
- Average Rent (2 BR House): $1385 per month
Considering a move to Clayton, NC offers a mixed outlook for housing affordability. With a housing index of 110.0, the market is slightly above average, indicating moderate challenges in home buying. The median home price is set at 395000, which may deter first-time buyers. The rental prices—1350 for an apartment and 1385 for a house—suggest a competitive rental market, presenting good options for those not ready to buy. Research neighboring areas as well for potentially more affordable living conditions.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Clayton, NC.
- Electricity Price: $13.72 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $220 per month
Living in Clayton, 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 $220 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 Clayton is a financially viable option for your relocation.