Cost of Living in Broadway, NC
Housing
The housing market plays a significant role in determining the cost of living in Broadway, NC.
- Housing Index: 99.5 / 100
- Median Home Price is: $188,000
- Average Rent (2 BR Apartment): $1603 per month
- Average Rent (2 BR House): $1742 per month
Considering a move to Broadway, NC? The current housing index is quite low at 99.5, suggesting affordable market conditions. With a median home price of 188000, you may find real estate opportunities at a reasonable price. However, it’s concerning that average rents for a 2-bedroom apartment and house are both reported at 1603 and 1742, signaling potential oversights or inconsistencies in rental data. Be sure to explore local market trends and amenities to determine if this is the right place for your next chapter.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Broadway, 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 Broadway, 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 Broadway is a financially viable option for your relocation.