Cost of Living in Ocean isle beach, NC
Housing
The housing market plays a significant role in determining the cost of living in Ocean isle beach, NC.
- Housing Index: 99.5 / 100
- Median Home Price is: $550,000
- Average Rent (2 BR Apartment): $1603 per month
- Average Rent (2 BR House): $1742 per month
When considering moving to Ocean isle beach, NC, the housing data suggests a strong real estate market with a housing index of 99.5. The median home price is relatively high at 550000, indicating that homeownership could require a significant investment. Average rent for a 2-bedroom apartment stands at 1603 and for a 2-bedroom house at 1742. This pricing structure might attract those seeking to rent rather than buy, especially younger professionals. Evaluating your long-term plans and financial situation will help you determine the best option for living in Ocean isle beach.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Ocean isle beach, 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 Ocean isle beach, 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 Ocean isle beach is a financially viable option for your relocation.