Cost of Living in Jamesville, NC
Population: 373 | North Carolina
Jamesville is 31% less expensive than the national average.
Cost of Living in Jamesville, NC: What You Need to Know
With a cost of living index of 69, Jamesville, NC is one of the most affordable cities in the country. Living here is 31% cheaper than the national average and 16% below the North Carolina state average of 84. Jamesville is a small community of 373 residents.
Housing costs are the biggest factor in Jamesville's cost of living. The median monthly rent is $923 (30% below the US median of $1,319), and the median home value sits at $94,800 (69% below the national median of $304,900). At current prices, the median home costs roughly 2.2x the median household income — well within traditional affordability guidelines.
The median household income in Jamesville is $43,319, which is 42% lower than the national median of $75,149. Residents spend roughly 26% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $43,319
- vs US Median ($75,149)
- -42%
Housing
- Median Rent
- $923/mo
- Median Home Value
- $94,800
- Median Monthly Housing Cost
- $636/mo