States › North Carolina › Boiling Spring Lakes

Is Boiling Spring Lakes, NC expensive to live in?

ExpensiveRent takes 41 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,31832% higher than U.S. average
💵 Families earn per year (2026)$67,596about $5,633/month · 22% lower than U.S. average
🔑 House price$292,30012% lower than U.S. average

Rent is higher than in 80% of U.S. cities. Incomes are on the low side for rents this high, so budgets feel tight. A typical house costs about 4.3 years of household income. Most homes (81.6%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $92,720 a year. That is $45 an hour at a full-time job.

Is rent cheaper than other North Carolina cities?

No. Rent here is more expensive than in most of North Carolina. It is number 154 of 164 cities from cheapest to most expensive.

Boiling Spring Lakes
$2,318
East Flat Rock
$1,068
Wrightsboro
$1,315
Angier
$941
Cherryville
$1,114
Silver Lake
$1,490
Dallas
$918

How much do households earn in Boiling Spring Lakes?

Under $25k
14.2%
$25k–50k
25.3%
$50k–100k
38.5%
$100k–150k
10.5%
$150k+
4.9%

Share of households by yearly income. 15.4% of households earn $100,000 or more.

How expensive is Boiling Spring Lakes 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 Boiling Spring Lakes, so the North Carolina figure is shown.

Taxes and bills in Boiling Spring Lakes

🏛️ Property tax$1,757a year · 0.60% of home value · U.S. $3,119
⚡ Electric bill$175a month (typical) · U.S. $156

Life in Boiling Spring Lakes

Commute to work23.3 minU.S.: 26.4 min
College degree23.6%U.S.: 35.7%
Own their home81.6%U.S.: 65.2%
Below poverty line8.5%U.S.: 12.5%
Unemployment3.5%U.S.: 5.2%

Is it cheaper to rent or buy in Boiling Spring Lakes?

Buying is cheaper month to month: about $290 a month less than renting.

Renting
$2,318
Owning
$2,028

Owning assumes a typical $292,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $29,230 for the down payment.

Frequently asked questions

What is the average rent in Boiling Spring Lakes, NC?

Renting in Boiling Spring Lakes costs a median of about $2,318 a month in 2026, including utilities. The North Carolina median is $1,496.

How much do I need to make to live in Boiling Spring Lakes?

To keep rent under 30% of income, you need about $92,720 a year, or $45 an hour at a full-time job.

Is Boiling Spring Lakes cheap or expensive?

Boiling Spring Lakes is rated Expensive: rent takes 41.2% of the typical household income of $67,596. It ranks 154th cheapest of 164 North Carolina cities we track.

How much are property taxes in Boiling Spring Lakes?

The median homeowner in Boiling Spring Lakes pays $1,757 a year in property taxes, about 0.60% of the median home value.

Is Boiling Spring Lakes 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 Boiling Spring Lakes?

The median home value in Boiling Spring Lakes is $292,300, about 4.3 times the typical yearly household income.

6,347 people live in Boiling Spring Lakes. Numbers are typical (middle) values.