Cost of Living in Rockingham, NC
Housing
The housing market plays a significant role in determining the cost of living in Rockingham, NC.
- Housing Index: 99.5 / 100
- Median Home Price is: $199,000
- Average Rent (2 BR Apartment): $1603 per month
- Average Rent (2 BR House): $1742 per month
Based on the data for Rockingham, NC, the housing index indicates a unique situation. The median home price is relatively low at 199000, suggesting an opportunity for homebuyers looking for affordability. However, with the average rent for a 2-bedroom apartment and house both at 1603 and 1742 respectively showing zeros, it may signal a lack of rental options or discrepancies in available data. Potential residents should consider long-term investments in property ownership as a viable option in this market before deciding.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Rockingham, 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 Rockingham, 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 Rockingham is a financially viable option for your relocation.