Here’s What Your Money Can Buy in North Carolina Right Now

asheville north carolina

Curious what your money can buy in North Carolina? You’re not the only one thinking of moving to the Tar Heel State. In fact, according to the 2018 U.S. Census Bureau, North Carolina is one of the most popular states to move to in America. Of course, with plenty of affordable cities, healthy job markets and mild weather days, it’s easy to see why so many people are moving to North Carolina. To help you evaluate how much you can afford, we’ve included housing data from Realtor.com and cost of living data from AreaVibes for 20 of the most popular cities in North Carolina. Best of luck and happy moving!

The 20 most popular cities in North Carolina to call home 

  1. Asheville

    Median home price: $370,000
    Median rental rate: $1,500 a month
    Cost of living index score: The cost of living index score in Asheville is 102. This is 7 percent higher than the North Carolina average and 2 percent higher than the U.S. average.

  2. Apex

    Median home price: $404,990
    Median rental rate: $1,890 a month
    Cost of living index score: The cost of living index score in Apex is 111. This is 16 percent higher than the North Carolina average and 11 percent higher than the U.S. average.

  3. Boone

    Median home price: $379,000
    Median rental rate: $1,490 a month
    Cost of living index score: The cost of living index score in Boone is 106. This is 12 percent higher than the North Carolina average and 6 percent higher than the U.S. average.

  4. Brevard

    Median home price: $365,000
    Median rental rate: N/A
    Cost of living index score: The cost of living index score in Brevard is 97. This is 2 percent higher than the North Carolina average and 3 percent lower than the U.S. average.  

  5. Burlington

    Median home price: $172,900
    Median rental rate: $825 a month
    Cost of living index score: The cost of living index score in Burlington is 90. This is 5 percent lower than the North Carolina average and 10 percent lower than the U.S. average.

  6. Cary

    Median home price: $422,480
    Median rental rate: $1,690 a month
    Cost of living index score: The cost of living index score in Cary is 113. This is 19 percent higher than the North Carolina average and 13 percent higher than the U.S. average.

  7. Charlotte

    Median home price: $310,000
    Median rental rate: $1,490 a month
    Cost of living index score: The cost of living index score in Charlotte is 101. This is 6 percent higher than the North Carolina average and 1 percent higher than the U.S. average.

  8. Concord

    Median home price: $289,890
    Median rental rate: $1,540 a month
    Cost of living index score: The cost of living index score in Concord is 97. This is 2 percent higher than the North Carolina average and 3 percent lower than the U.S. average.

  9. Durham

    Median home price: $293,000
    Median rental rate: $1,500 a month
    Cost of living index score: The cost of living index score in Durham is 95. This is equal to the North Carolina average and 5 percent lower than the U.S. average.  

  10. Fayetteville

    Median home price: $154,900
    Median rental rate: $910 a month
    Cost of living index score: The cost of living index score in Fayetteville is 91. This is 5 percent lower than the North Carolina average and 9 percent lower than the U.S. average.  

  11. Greensboro

    Median home price: $220,000
    Median rental rate: $1,110 a month
    Cost of living index score: The cost of living index score in Greensboro is 93. This is 2 percent lower than the North Carolina average and 7 percent lower than the U.S. average.

  12. Greenville

    Median home price: $198,900
    Median rental rate: $1,200 a month
    Cost of living index score: The cost of living index score in Greenville is 92. This is 4 percent lower than the North Carolina average and 8 percent lower than the U.S. average.

  13. Hickory

    Median home price: $215,000
    Median rental rate: $897 a month
    Cost of living index score: The cost of living index score in Hickory is 96. This is equal to the than the North Carolina average and 4 percent lower than the U.S. average.

  14. High Point

    Median home price: $184,900
    Median rental rate: $1,520 a month
    Cost of living index score: The cost of living index score in High Point is 93. This is 2 percent lower than the North Carolina average and 7 percent lower than the U.S. average.

  15. Morrisville

    Median home price: $344,110
    Median rental rate: $1,770 a month
    Cost of living index score: The cost of living index score in Morrisville is 109. This is 15 percent higher than the North Carolina average and 9 percent higher than the U.S. average.

  16. Raleigh

    Median home price: $315,000
    Median rental rate: $1,490 a month
    Cost of living index score: The cost of living index score in Raleigh is 102. This is 7 percent higher than the North Carolina average and 2 percent higher than the U.S. average.

  17. Wilmington

    Median home price: $299,940
    Median rental rate: $1,580 a month
    Cost of living index score: The cost of living index score in Wilmington is 105. This is 11 percent higher than the North Carolina average and 5 percent higher than the U.S. average.

  18. Winston Salem

    Median home price: $209,900
    Median rental rate: $1,050 a month
    Cost of living index score: The cost of living index score in Winston Salem is 93. This is 3 percent lower than the North Carolina average and 7 percent lower than the U.S. average.

  19. Gastonia

    Median home price: $201,990
    Median rental rate: $997 a month
    Cost of living index score: The cost of living index score in Gastonia is 94. This is 1 percent lower than the North Carolina average and 6 percent lower than the U.S. average.

  20. Chapel Hill

    Median home price: $455,000
    Median rental rate: $1,590 a month
    Cost of living index score: The cost of living index score in Chapel Hill is 119. This is 25 percent higher than the North Carolina average and 19 percent higher than the U.S. average.   

How much does it cost to move to North Carolina?

Overall, newcomers will find North Carolina to be a fairly affordable place to live. According to BestPlaces, the overall cost of living index score for North Carolina is 90.6, slightly below the national average of 100. The source sites housing prices as the biggest factor in the cost of living difference. The median home price in the state is $187,300. As for moving costs, these expenses will depend on how much you’re moving and how far you’re moving. Keep in mind that the average cost of an out-of-state, long distance move is $4,890 based on a two to three bedroom move of approximately 7,500 pounds. To obtain a cost estimate for your specific move, try Moving.com’s moving cost calculator. This easy-to-use tool gives users an accurate and reliable estimate for how much a move will cost, based on a number of factors.

Ready to move to one of these cities?

So you’ve done your research, checked your budget and are ready to move to North Carolina. Congrats! Now, all you need is a professional moving company to assist with the heavy lifting and transportation. To find the right moving company for you, check out Moving.com’s extensive network of reputable and reliable movers – all licensed and insured. To learn more about these U.S. cities, check out Moving.com’s City Profile Report feature. Our reports include city demographics, real estate information, quality of life factors and more. Simply enter the zip code or the state and city of your potential move to get a free report at the click of a button.