States › North Carolina › Bessemer City

Is Bessemer City, NC expensive to live in?

OKRent takes 20 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,10837% lower than U.S. average
💵 Families earn per year (2026)$65,034about $5,420/month · 25% lower than U.S. average
🔑 House price$206,10038% lower than U.S. average

Rent is lower than in 81% of U.S. cities. A typical house costs about 3.2 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $44,320 a year. That is $21 an hour at a full-time job.

Is rent cheaper than other North Carolina cities?

Yes. Rent here is cheaper than in most of North Carolina. It is number 39 of 164 cities from cheapest to most expensive.

Bessemer City
$1,108
Moyock
$1,799
Cramerton
$1,685
Nashville
$1,129
Locust
$942
Walkertown
$1,451
Northchase
$1,995

How much do households earn in Bessemer City?

Under $25k
18.8%
$25k–50k
25.4%
$50k–100k
29.6%
$100k–150k
15.9%
$150k+
6.5%

Share of households by yearly income. 22.5% of households earn $100,000 or more.

Rent by apartment size in Bessemer City

SizeBessemer CityU.S. average
1 bedroom$841$1,324
2 bedrooms$981$1,509
3 bedrooms$1,215$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Bessemer City overall?

Everyday prices in North Carolina overall are 6% below the U.S. average (index 94.3, U.S. = 100).

Housing
81
Goods (food, clothes…)
97
Utilities
89
Other services
98
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Bessemer City, so the North Carolina figure is shown.

Taxes and bills in Bessemer City

🏛️ Property tax$1,539a year · 0.75% of home value · U.S. $3,119
⚡ Electric bill$153a month (typical) · U.S. $156

Life in Bessemer City

Commute to work27.6 minU.S.: 26.4 min
College degree16.1%U.S.: 35.7%
Own their home66%U.S.: 65.2%
Below poverty line16.4%U.S.: 12.5%
Unemployment5.9%U.S.: 5.2%

Is it cheaper to rent or buy in Bessemer City?

Renting is cheaper right now: about $322 a month less.

Renting
$1,108
Owning
$1,430

Owning assumes a typical $206,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $20,610 for the down payment.

Frequently asked questions

What is the average rent in Bessemer City, NC?

Renting in Bessemer City costs a median of about $1,108 a month in 2026, including utilities. The North Carolina median is $1,496.

How much do I need to make to live in Bessemer City?

To keep rent under 30% of income, you need about $44,320 a year, or $21 an hour at a full-time job.

Is Bessemer City cheap or expensive?

Bessemer City is rated OK: rent takes 20.4% of the typical household income of $65,034. It ranks 39th cheapest of 164 North Carolina cities we track.

How much are property taxes in Bessemer City?

The median homeowner in Bessemer City pays $1,539 a year in property taxes, about 0.75% of the median home value.

Is Bessemer City more expensive than the national average?

Overall prices in North Carolina are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Bessemer City?

The median home value in Bessemer City is $206,100, about 3.2 times the typical yearly household income.

5,580 people live in Bessemer City. Numbers are typical (middle) values.