Introduction
High Point, North Carolina, is a city that has been attracting a lot of attention from real estate investors, homeowners, first-time home buyers, and real estate agents. One of the most important factors that people consider when moving to a New City is the cost of living.
In this article, we will provide a comprehensive guide to the cost of living in High Point, including housing, transportation, food, healthcare, and other expenses.
Cost of Housing in High Point
The cost of housing in High Point is relatively affordable compared to other cities in North Carolina. The median home value in High Point is $152,000, which is lower than the state median of $187,300. The average rent for a one-bedroom apartment in High Point is $800 per month, while a two-bedroom apartment costs around $1,000 per month.
Transportation Costs in High Point
High Point has a well-developed transportation system that includes buses, taxis, and ride-sharing services like Uber and Lyft. The average cost of a one-way bus ticket in High Point is $1.50, while a monthly pass costs $45. If you prefer to drive, the average cost of gas in High Point is $2.50 per gallon, which is lower than the national average.
Food Costs in High Point
The cost of food in High Point is relatively affordable compared to other cities in North Carolina. The average cost of a meal at an inexpensive restaurant in High Point is $12, while a three-course meal for two at a mid-range restaurant costs around $50. If you prefer to cook at home, the average cost of groceries for a family of four in High Point is around $500 per month.
Healthcare Costs in High Point
High Point has a well-developed healthcare system that includes hospitals, clinics, and medical centers. The average cost of a doctor’s visit in High Point is $100, while a visit to the dentist costs around $150. If you need to purchase health insurance, the average cost of a premium for a family of four in High Point is around $1,200 per month.
Other Expenses in High Point
In addition to housing, transportation, food, and healthcare, there are other expenses that you should consider when moving to High Point. The average cost of utilities for a family of four in High Point is around $200 per month, while the average cost of internet and cable TV is around $100 per month. If you have children, the average cost of daycare in High Point is around $800 per month.
FAQs
1. Is High Point an expensive city to live in?
No, High Point is relatively affordable compared to other cities in North Carolina. The cost of housing, transportation, food, healthcare, and other expenses is lower than the state average.
2. How much does it cost to rent an apartment in High Point?
The average rent for a one-bedroom apartment in High Point is $800 per month, while a two-bedroom apartment costs around $1,000 per month.
3. How much does it cost to purchase health insurance in High Point?
The average cost of a premium for a family of four in High Point is around $1,200 per month.
Conclusion
In conclusion, the cost of living in High Point is relatively affordable compared to other cities in North Carolina. The cost of housing, transportation, food, healthcare, and other expenses is lower than the state average. If you are considering moving to High Point, this comprehensive guide will help you understand the cost of living and make an informed decision.
