Cost of living in Boone, North Carolina

  • Cost of living compared to USAlow
  • Cost of living compared to North Carolinamoderate
  • Median household incomethe lowest

Is it expensive to live in Boone, North Carolina? When calculating the cost of living in Boone, North Carolina we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.

The cost of living in Boone, North Carolina is lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in North Carolina, while median household income in Boone is $25,535 which is the lowest Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in North Carolina.

Taxes in Boone, North Carolina

The sales tax rate in Boone, North Carolina is 7.0%. Last year, the average property taxes paid was 0.4% Boone, North Carolina.

The state income tax in the state of North Carolina is 4.99%.

Housing costs in Boone, North Carolina

  • The average cost of a single-family home compared to USAthe highest
  • The average cost of a single-family home compared to North Carolinathe highest

In Boone, North Carolina, 25.0% of the population owns their homes, while approximately 75.0% rent. The average cost of a single-family home in Boone, North Carolina in 2022 is $471,209 which is the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in North Carolina. The average one-bedroom apartment cost is approximately $[no data] per month.

Rental SizeMonthly CostCompared to North Carolina
1 Bedroom$[no data][no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$[no data][no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$[no data][no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$[no data][no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
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Pros and Cons of living in Boone, North Carolina in reviews from users in their own words:

ProsCons
  • "Family, friends, nature, inexpensive"
  • "Rural, not much to do, too close to home"