Cost of Living in Raeford, NC
Housing
The housing market plays a significant role in determining the cost of living in Raeford, NC.
- Housing Index: Data is updating
- Median Home Price is: $213,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Based on the data, Raeford, NC offers a median home price of 213000. However, it’s concerning that the housing index and average rents for both 2-bedroom apartments and houses are recorded as zero. This often indicates either an emerging market or incomplete data. If housing is affordable at the purchase price, consider additional factors such as job opportunities, school quality, and local amenities, which could influence your overall living experience. Doing thorough research on these elements can provide a more holistic view of whether relocating to Raeford is the right decision for you.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Raeford, 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 Raeford, 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 Raeford is a financially viable option for your relocation.