Cost of Living in Claremont, NC
Housing
The housing market plays a significant role in determining the cost of living in Claremont, NC.
- Housing Index: 99.5 / 100
- Median Home Price is: $269,900
- Average Rent (2 BR Apartment): $1603 per month
- Average Rent (2 BR House): $1742 per month
Analyzing the housing data for Claremont, NC, reveals a median home price of 269900, which indicates a fairly competitive entry point for buyers. However, both average rents for a 2-bedroom apartment and house are at a standstill, currently represented as 1603 and 1742 respectively. This lack of movement in rental markets may point towards overall economic trends, suggesting a monitored or uncertain housing environment. It's essential to consider local amenities and job opportunities that might influence your decision to relocate to Claremont.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Claremont, 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 Claremont, 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 Claremont is a financially viable option for your relocation.