Cost of Living in Lincolnton, NC
Housing
The housing market plays a significant role in determining the cost of living in Lincolnton, NC.
- Housing Index: 90.0 / 100
- Median Home Price is: $215000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1300 per month
Considering moving to Lincolnton, NC? With a housing index of 90.0, affordability looks promising. The median home price at 215000 suggests that buying a home could be a viable option for many. If renting is more appealing, be prepared to pay an average of 1200 for a two-bedroom apartment or 1300 for a two-bedroom house. Overall, Lincolnton is an attractive option for those seeking a balance between quality of life and economic viability, especially when compared to the national averages which tend to be higher.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Lincolnton, NC.
- Electricity Price: $13.72 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Lincolnton, 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 $250 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 Lincolnton is a financially viable option for your relocation.