Housing costs in Ferguson?
A typical home costs
$296,200, which is 12.4% less expensive than the national average of
$338,100 and 2.4% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Ferguson costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 48.0% cheaper than the state average of
$1,110.
Can I afford Ferguson?
To live comfortably in Ferguson (zip 28624), North Carolina, a minimum annual income of
$56,880 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Ferguson?
The cost of living in Ferguson, NC (28624) is relatively affordable compared to the rest of the country. The median home price in the area is around $173,000. This is nearly 20% lower than the national median home price. Rent for a two bedroom apartment is around $747 per month, which is approximately 15% lower than the national average. Groceries and health care are also slightly cheaper in Ferguson than in other parts of the country. In addition, utilities such as electricity and gas are very low when compared to most other areas. Overall, living in Ferguson is an affordable choice for those on a budget or looking for more bang for their buck.