Cost of Living in Lumber bridge, NC
Housing
The housing market plays a significant role in determining the cost of living in Lumber bridge, NC.
- Housing Index: 99.5 / 100
- Median Home Price is: $62,500
- Average Rent (2 BR Apartment): $1603 per month
- Average Rent (2 BR House): $1742 per month
Analyzing the real estate market in Lumber bridge, NC, the housing index indicates a low activity level, possibly suggesting a buyer's market or economic challenges. Despite the affordable median home price of 62500, it is critical to consider the absent rental data, with both average rents for a 2BR apartment and a 2BR house also showing as zero. This could imply limited rental options in the area. Prospective buyers should evaluate their long-term plans and local economic conditions, as low housing prices may correspond with a declining job market or population.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Lumber bridge, 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 Lumber bridge, 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 Lumber bridge is a financially viable option for your relocation.