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Cost of Living in ZIP 29642

Is it better to rent or buy in ZIP 29642? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$80,246
$1,126/mo

Median in area: $1,126

$292,084

Median in area: $292,084

$58,417

If you Rent

$1,382 /mo
Base Rent$1,126
Est. Utilities$256
% of Income20.7%
Pre-tax Residual$5,305

If you Buy

$1,931 /mo
P&I (6.933%)$1,544
Taxes & Ins$131
Est. Utilities$256
% of Income28.9%
Pre-tax Residual$4,756

Compare Nearby Areas

See how ZIP 29642 stacks up against neighboring areas.

Cost of Living FAQs

Is it cheaper to rent or buy in ZIP 29642?

Based on median housing data, renting is currently more affordable on a monthly basis in ZIP 29642. The estimated all-in monthly cost for renting is $1,382, while owning a median-priced home with a 20% down payment is roughly $1,931 per month (a difference of $549).

How much do utilities cost in ZIP 29642?

The average monthly utility cost (electricity and natural gas) for a typical home in ZIP 29642 is approximately $256. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in ZIP 29642?

To comfortably afford the median rent and utilities in ZIP 29642 without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $55,280 per year.