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Cost of Living in Hyde County

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

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Rent vs. Buy Affordability Calculator

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

$54,341
$1,251/mo

Median in area: $1,251

$129,540

Median in area: $129,540

$25,908

If you Rent

🔑
$1,491 /mo
Base Rent$1,251
Est. Utilities$240
% of Income32.9%
Pre-tax Residual$3,037

If you Buy

🏠
$1,406 /mo
P&I (6.94%)$685
Taxes & Ins$481
Est. Utilities$240
% of Income31.1%
Pre-tax Residual$3,122

Compare Nearby Areas

See how Hyde County stacks up against neighboring areas.

countyPamlico County, NC
$854/mo
countyCarteret County, NC
$1,193/mo
countyBeaufort County, NC
$890/mo
countyTyrrell County, NC
$644/mo
countyDare County, NC
$1,343/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Hyde County?›

Based on median housing data, buying is currently more affordable on a monthly basis in Hyde County. The estimated all-in monthly cost for renting is $1,491, while owning a median-priced home with a 20% down payment is roughly $1,406 per month (a difference of $85).

How much do utilities cost in Hyde County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Hyde County is approximately $240. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Hyde County?›

To comfortably afford the median rent and utilities in Hyde County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $59,640 per year.