Retirement in North Carolina

Enjoy yourself in North Carolina

 

North Carolina, the hometown of Pepsi Cola, is known for its mountains, golf courses, long coastline, and numerous islands. The state is the home of the Blue Ridge Mountains, Yadkin Valley, Old Salem, Great Smoky Mountains National Park, and Piedmont. The North Carolina cities like Asheville, Brevard, Hendersonville, Boone, Durham, and Beaufort have plenty to offer to baby boomers who are interested in living near the mountains or even near an oceanfront. If you want to spend your days golfing, hiking, biking, surfing, and fishing, then it would be a good idea to think about looking for retirement homes in North Carolina.

The warm, friendly environment of this state attracts a large number of seniors and retirees. If you are looking for a quiet life then North Carolina is a place that you will like.

 

North Carolina - at a Glance

 

Population Climate State Income Tax State Sales Tax Home Price Median
8, 049, 313 Warm, Humid Subtropical Climate and Humid Continental Climate 6 % to 8.25 % 4.25 % $337,633.00

 

Pros:Mild to cool climate throughout the year and a great place for golfers..

Cons: There can be heavy sleet and freezing rain during winters in Piedmont.

 

How much do I need to spend in North Carolina?

 

 

The above bar-graph shows the percentage fluctuations in expenditures incurred in North Carolina, as compared to the nation's average, which is taken as 100%.

For example, if you are looking for a retirement location in North Carolina, you can choose to stay in Asheville. This is a preferred location for baby boomers. The music festivals that are held in summer and the scenic destinations of the city appeal to everyone. So, if you choose retirement homes in Asheville, the approximate prices you can expect to pay for various goods and services* would be:

 

  • Beer- $7.96
  • Apt. rent - $815.00
  • Cereal - $ 3.18
  • Half gallon milk- $ 2.17
  • Bananas - $ 0.50
  • Ibuprofen- $6.04
  • Orange juice - $3.28

* As of October 2007