Cost of Living in Mooresboro, NC
Housing
The housing market plays a significant role in determining the cost of living in Mooresboro, NC.
- Housing Index: 99.5 / 100
- Median Home Price is: Data is updating
- Average Rent (2 BR Apartment): $1603 per month
- Average Rent (2 BR House): $1742 per month
Based on the available data for Mooresboro, NC, we observe a concerning housing index of 99.5, coupled with a median home price of 0. Unfortunately, average rent prices for a 2-bedroom apartment and house are both listed as 1603. Given these figures, it might suggest a lack of available housing, potentially leading to higher living costs or limited supply. It's essential to consider that low supply may result in increased demand and future price escalation. Hence, further research on housing policies and upcoming developments in the area is recommended.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Mooresboro, 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 Mooresboro, 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 Mooresboro is a financially viable option for your relocation.