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The beautiful beaches and charming communities of the Outer Banks make it one of the most attractive beach towns in the country! However, the Outer banks is more than just a popular vacation destination in the summer months, it also offers an incredible, year-round opportunity to invest in one of the fastest growing real estate markets in the country. The first thing that many people have to consider when deciding where to buy a home is how much it’s going to cost them to live there. Find out everything you need to know about the cost ofliving in the Outer Bankswith us at Shoreline OBX. Our expert team of realtorshas the answer to any question you might have and are here to assist you in the home buying process! It’s time to take the first step toward the home of your dreams!
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The Cost of Living on the Outer Banks, NC
Compared to other popular beach destinations on the east coast, the Outer Banks is an incredibly affordable place to live. For example, our area’s cost of living is lower than towns such as Charleston, SC, Santa Barbara, CA, and the Florida Keys. Find out more about the cost of living on the Outer Banks, NC withour rental income calculator. Whether you’re looking for a vacation home or a permanent residence, the stunning beaches, incredible weather, and the long list of reasonably priced homes for sale make the Outer Banks the best place to start your search!
What You’ll Get on Your ROI
One of the main reasons people consideran investment property on the Outer Banksis for a quiet setting. Our barrier islands offer miles of secluded shoreline where you and your family can relax. In addition, you’ll find the perfect balance of shops, restaurants, and historic sites to explore.
Another reason to purchase a property through Shoreline OBX is the availability to rent it out while you’re not there. We even have a program designed to assist you in the rental process during peak vacation months. If you have more questions about this process and are interested in listing your property as a vacation rental, feel free to ask our realtors for more information!
Where to Invest
Offering both small town charm and big city excitement, Shoreline OBX has a variety of rental properties for sale in manytowns across the islands. Each community boasts a friendly, inviting atmosphere while providing its own distinct feel! No matter where you end up you can guarantee plenty of family fun! Browse our rentals in neighborhoods like:
Corolla
Duck
Kill Devils Hills
Kitty Hawk
Nags Head
South Nags Head
Southern Shores
Local Tip:Our homes in these desirable neighborhoods often sell quickly, so be proactive while searching our properties.
Start Your Search at Shoreline
Now is the perfect time to purchase!Browse our gorgeousOuter Banks homes for saleto find a property that fits your budget. If you’re having trouble searching, contact our experienced ShorelineOBX real estate agents.We have a proven record of top-notch customer service and will create a genuine partnership for success.
With that in mind, cost of living in the Outer Banks is not high when compared to major cities. If you are retiring or able to work remotely, life in the Outer Banks can be comparable if not considerably cheaper than life in cities like Richmond, Baltimore, Washington D.C., Raleigh, Philadelphia, New York, or Boston.
Housing prices on the Outer Banks may be higher than in some other areas, but the reward is waking up every day to the breathtaking ocean or sound views. And for those who prefer a more suburban lifestyle, there are plenty of communities just west of the bypass, with friendly neighbors and lush lawns.
Considering moving to the Outer Banks? Rest assured year-round living on the Outer Banks remains the same — simply incredible. Review our local insights below and make your dream a reality!
According to the latest census, the Outer Banks population is 57,755. If you're considering buying a home in the Outer Banks, you'll want to know what the Outer Banks population means in terms of density and traffic in the area.
The Outer Banks' most beloved celebrity resident was actor Andy Griffith, famous for his roles on The Andy Griffith Show, A Face in the Crowd, and Matlock, to name a few.
The main towns of Kitty Hawk, Kill Devil Hills, and Nags Head all have populations greater than 3000. Kill Devil Hills is the most populous town on the Outer Banks with over 7100 year-round residents.
The “off” season brings the Outer Banks winter weather. Winters on the Banks are usually mild with temperatures averaging in the low to mid 50's. Rarely, we do see an inch or two snow and cold weather into the 30's.
The people who are living in the Outer Banks is what makes this area so great. There is always something happening in the Outer Banks! Parades and festivals often kick off the holiday season, while celebrations of local food, art, music, and craft beer can be seen throughout the year.
The Outer Banks is famous for several things, including its historical significance as the birthplace of powered flight and as the location of the first English settlement in America.
As compared to the northern East Coast beaches, the Outer Banks beaches have much more to offer. The pleasant breeze that blows all day long compensates during hot summers. Winters are rarely freezing with temperatures around 50 degrees.
Kitty Hawk is arguably one of the best places to live in the Outer Banks. This year-round location is known for its first flight namesake, kiteboarding, surfing, boating, kayaking, golf, and maritime forests.
Rental homes on the Outer Banks can be a great way to bring multiple or extended families together for shared experiences while also giving people their own bedrooms and spaces for privacy and downtime.
Commonly referred to as the “Outer Banks” in the show, this fictional barrier island off the coast of North Carolina is a beach town with feuds aplenty.
A new survey has ranked residents of several Greater Outer Banks counties among North Carolina's wealthiest, despite not being located in the state's population centers, and the wide gap between top and bottom earners that live in those counties.
Introduction: My name is Mrs. Angelic Larkin, I am a cute, charming, funny, determined, inexpensive, joyous, cheerful person who loves writing and wants to share my knowledge and understanding with you.
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