Cost of Living in Wendell, NC
Housing
The housing market plays a significant role in determining the cost of living in Wendell, NC.
- Housing Index: 95.0 / 100
- Median Home Price is: $327,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1280 per month
Analyzing the housing market in Wendell, NC, reveals a housing index of 95.0, indicating prices are relatively reasonable compared to the national average. The median home price stands at 327000, making homeownership attainable, particularly if you're looking to invest in real estate. For renters, the average rent for a 2-bedroom apartment is 1200, while a 2-bedroom house averages 1280. Given these insights, Wendell could be a desirable option for both homebuyers and renters, especially considering the potential for future appreciation in property values.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Wendell, 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 Wendell, 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 Wendell is a financially viable option for your relocation.