Housing costs in New Bern?
A typical home costs
$239,500, which is 29.2% less expensive than the national average of
$338,100 and 17.2% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in New Bern costs
$1,070 per month, which is 25.2% cheaper than the national average of
$1,430 and 3.7% cheaper than the state average of
$1,110.
Can I afford New Bern?
To live comfortably in New Bern, North Carolina, a minimum annual income of
$45,720 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about New Bern?
The cost of living in New Bern, NC is quite reasonable overall. The city has an overall cost of living index of 90, which is lower than the national average. This means that goods and services are generally cheaper here than in other regions of the country. Housing costs are relatively low compared to surrounding areas, with a median home value of $189,000. Food costs are also relatively inexpensive; groceries tend to be about 15% less expensive than the national average. Transportation expenses can be kept in check with public transportation options like buses and bike lanes available at affordable rates. All in all, living in New Bern presents a great opportunity for those looking for an affordable place to call home.