Cost of Living in Liberty, NC
Housing
The housing market plays a significant role in determining the cost of living in Liberty, NC.
- Housing Index: 85.0 / 100
- Median Home Price is: $272,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1286 per month
Considering a move to Liberty, NC? With a housing index of 85.0, affordability is a key consideration. The median home price of 272000 is quite reasonable compared to many urban areas, while the average rent for a 2-bedroom apartment stands at 1200, and a 2-bedroom house at 1286. This indicates a strong rental market but also highlights the growing potential for homeownership in the area. As you assess your options, consider local amenities and socioeconomic trends that could impact both costs and quality of life.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Liberty, NC.
- Electricity Price: $13.72 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $200 per month
Living in Liberty, 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 $200 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 Liberty is a financially viable option for your relocation.