Cost of living in Albemarle
Albemarle, located in North Carolina, offers a unique blend of small-town charm and modern amenities. Understanding the cost of living in Albemarle is crucial for both current residents and those considering a move to this area.
This guide provides a detailed breakdown of expenses in Albemarle, including dining, groceries, transportation, housing, and utilities, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $20 on average, with a range between $12 and $30.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $90, with prices ranging from $60 to $125.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10.5, with a range between $9 and $12.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4 to $8, imported beer $5 to $10, cappuccino $4 to $6, and Coke/Pepsi $2 to $4.
Grocery Prices
- Milk - Milk is priced between $0.66 and $1.45 per liter, averaging $0.95.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.2 and $5.5, with an average price of $4.27.
- Eggs (Dozen) - A dozen eggs range from $1.99 to $6.5, averaging $4.03.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.2 to $11.02 per kg, while oranges range from $2.76 to $17.64 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.98 and $4.39 per kg, and lettuce costs $1.69 to $2.99 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.79 and $1 per liter.
- Taxi Fares - Taxi fares start at $1.95, with a cost of $1.55 to $2.49 per km and $15 to $40 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Data not provided.
- 1-Bedroom Apartment Rent (Outside Centre) - Data not provided.
- 3-Bedroom Apartment Rent (City Centre) - Data not provided.
- 3-Bedroom Apartment Rent (Outside Centre) - Data not provided.
- Buying Price per Square Meter (City Centre) - Data not provided.
- Buying Price per Square Meter (Outside Centre) - Data not provided.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $163.2 and $320, averaging $239.44.
- Internet - Internet services range from $60 to $99, with an average cost of $80.41.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Albemarle offers a moderate cost of living with affordable dining and grocery options.
Transportation costs are relatively low, especially for gasoline.
Utility costs are reasonable, though internet services can be on the higher side.
Conclusion
In conclusion, Albemarle, NC, presents a balanced cost of living, making it an attractive option for those seeking affordability without sacrificing quality of life.
While housing data is not available, the overall expenses in dining, groceries, and utilities suggest a manageable cost structure for residents.