The median home price of $288,750 may strike some as high compared to other North Carolina towns, but Chapel Hill’s cost of living is essentially on par with the national average. Nearby retirement communities offer amenities like golf and assisted living facilities. Additionally, the town’s crime rate is nearly 45 percent below the national average, and an unemployment rate of merely 5 percent means retirees hoping to work in retirement may have luck finding a job.
Residents can meander through the quaint downtown, mingling among the many students who permeate the area.
Con: Housing costs may be high
Best For: Intellectuals
Cost of Living: 1.6% lower than national average
Median Home Cost: $288,750
Top State Income Tax: 7.75%
Crime Rate: 44.7% lower than national average
The eclectic university vibe can be spotted on a stroll through the area. Chapel Hill’s downtown is filled with eclectic shops and restaurants, coffee shops and performing arts spaces.
Another important bonus is the presence of the UNC Healthcare, the University of North Carolina teaching hospital, widely regarded as one of the best in the world. Nearby in Durham, residents will also find the renowned Duke University hospital, as well.