Cost of Living in Denton, NC
Housing
The housing market plays a significant role in determining the cost of living in Denton, NC.
- Housing Index: 99.5 / 100
- Median Home Price is: $223,000
- Average Rent (2 BR Apartment): $1603 per month
- Average Rent (2 BR House): $1742 per month
Based on the analysis of housing data, Denton, NC boasts a median home price of 223000, which could indicate a more affordable market compared to many other regions. However, with a housing index of 99.5, both the average rent for a 2-bedroom apartment and house show as non-existent, suggesting potentially limited rental options. It’s crucial to investigate neighborhood dynamics, amenities, and access to services before making a decision. Consider exploring additional factors such as whether the local economy is growing and how these factors might reflect on future real estate values.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Denton, 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 Denton, 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 Denton is a financially viable option for your relocation.