Cost of Living in Yadkinville, NC

Housing

The housing market plays a significant role in determining the cost of living in Yadkinville, NC.

• Housing Index: 85.0 / 100
• Median Home Price is: $239000
• Average Rent (2 BR Apartment): $1024 per month
• Average Rent (2 BR House): $1075 per month

Analyzing the data for Yadkinville, NC, we see a housing index of 85.0, indicating a relatively reasonable balance in affordability. With a median home price of 239000, purchasing a home may still be a viable option, especially given the average rent for a 2BR apartment at 1024 and a 2BR house at 1075. These rental prices highlight a significant potential long-term financial benefit to buying rather than renting. It's important to also consider local amenities and job opportunities to make an informed decision tailored to your lifestyle.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Yadkinville, NC.

• Electricity Price: 13.72 USD (median by state)
• Natural Gas Price: $None USD per Thousand Cubic Feet (median by state)
• Other Utilities (water, garbage, etc.): $250 per month

Living in Yadkinville, NC could entail higher utility costs. Electricity costs sit at 13.72, while natural gas is priced at None 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 90.3

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $41148

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

• Click here for more information

Summary

When considering a move to Yadkinville, NC, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.