Cost of Living in Boone, NC
Housing
The housing market plays a significant role in determining the cost of living in Boone, NC.
- Housing Index: 99.5 / 100
- Median Home Price is: $300,000
- Average Rent (2 BR Apartment): $1944 per month
- Average Rent (2 BR House): $2113 per month
Considering a move to Boone, NC? The housing index sits at 99.5, indicating a favorable market for homebuyers. With a median home price of 300000, it's more affordable than many other areas. Rent options vary, with an average rent of 1944 for a two-bedroom apartment and 2113 for a two-bedroom house. These rates suggest a balanced rental market, appealing for both renters and homeowners alike. Given the cost of living trends in many urban areas, this could be a viable option for those seeking reasonable housing without sacrificing community and amenities.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Boone, NC.
- Electricity Price: $13.72 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $234 per month
Living in Boone, 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 $234 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 Boone is a financially viable option for your relocation.