Cost of Living in Hickory, NC
Housing
The housing market plays a significant role in determining the cost of living in Hickory, NC.
- Housing Index: 85.0 / 100
- Median Home Price is: $274,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1325 per month
In considering a move to Hickory, NC, you’ll find a population of with a median age of . The economic landscape shows a median income of , offering a reasonable standard of living. Married families constitute 35% of the population, indicating a stable community environment. However, with a poverty level of % and an unemployment rate of %, it’s important to weigh potential job opportunities and financial stability. Research local amenities, schools, and employment prospects to make the most informed decision for you and your family.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Hickory, NC.
- Electricity Price: $13.72 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $150 per month
Living in Hickory, 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 $150 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 Hickory is a financially viable option for your relocation.