| Pros | Cons |
| Low cost of living | Natural disaster risk |
| Outdoor activities | Traffic |
| Mild climate | Crime rates |
| Food and dining options | Expensive healthcare |
| Rich history and culture | Lack of public transportation |
| Relaxed Lifestyle | Poor infrastructure |
| Job opportunities | High pollen levels |
| Thriving arts and culture scene | Housing market inflation |
| Great educational opportunities |
Pros of living in North Carolina
The benefits of living in North Carolina include diverse landscapes, a mild climate and a flourishing job market, all of which contribute to a high quality of life.
Low cost of living
North Carolina has a lower cost of living compared to many other states, making it an attractive and affordable option for vacation homeowners. From affordable housing to lower taxes, you can enjoy a budget-friendly lifestyle without sacrificing quality. With a median home price of $383,600, prospective homeowners could look into creative financing options like FHA loans or VA loans to secure a mortgage with a lower down payment.Outdoor activities
With stunning mountain getaways and pristine beaches, North Carolina offers an abundance of outdoor activities. Hikers can explore miles of scenic trails in the Appalachian Mountains. Water enthusiasts can kayak, paddleboard or fish in the state's many lakes, rivers and along the Atlantic Coast. Golfers can tee off on championship courses, and cyclists can enjoy scenic routes catering to all skill levels.Mild climate
The state’s diverse geography creates a variety of climates. The mountains have cooler temperatures year-round, with distinct seasons and occasional snowfall in winter. The central Piedmont region experiences warm summers and mild winters. The coastal plain enjoys hot, humid summers and relatively warm winters. The state is home to must-visit fall destinations, too.Food and dining options
Savor the rich flavors of North Carolina's culinary scene, from classic Southern comfort food like fried chicken and biscuits to fresh seafood caught off the coast. Don't miss the chance to sample local favorites like hushpuppies and shrimp and grits. North Carolinian food is so popular that four restaurants rank among some of the best places to eat in the United States.Rich history and culture
Immerse yourself in North Carolina's fascinating history and vibrant culture. From exploring the mysterious Roanoke colony to celebrating the birthplace of aviation at Kitty Hawk, North Carolina provides fascinating glimpses into the past. Wander through towns like Asheville that overflow with local art festivals or delve into the rich musical heritage at summertime bluegrass concerts.Relaxed Lifestyle
North Carolina is home to some of the most relaxing places in the country. Here, you can ditch the stress and focus on enjoying simple pleasures: leisurely bike rides through the countryside, delicious meals at farm-to-table restaurants or exploring a scenic seaside hiking trail.H3: Job opportunities
North Carolina's job market has grown at a steady 5% month over month. The state is a hub for research and development in biotechnology, pharmaceuticals and information technology. The manufacturing sector is also strong, focusing on aerospace, automotive and textiles. Tourism and hospitality are major employers thanks to the state's beautiful beaches, mountains and historical attractions.Thriving arts and culture scene
From historic theaters to contemporary art galleries, there's something for everyone. Cities like Raleigh, Durham and Charlotte are home to world-class museums, live music venues and performing arts centers. Asheville, known as the Paris of the South, is a hub for independent artists, craft breweries and eclectic shops.Great educational opportunities
North Carolina is home to a strong network of public and private universities, community colleges and technical schools. Renowned institutions like the University of North Carolina at Chapel Hill, Duke University and North Carolina State University attract top-tier faculty and students from around the world. Together, they create The Research Triangle, a hub for academics, businesses and startups.Cons of living in North Carolina
Although the state is known as an affordable, family-friendly destination, it also has some downsides to consider.
Natural disasters
Hurricanes, tornadoes, floods and severe thunderstorms are common occurrences in North Carolina. Coastal areas are particularly vulnerable to hurricanes, while inland regions face the threat of tornadoes and flash floods. Keep this in mind if you’re eager to buy a beach house.Residents can experience all four seasons, with hot, humid summers followed by crisp autumns, mild winters with occasional snowfall in the mountains and temperate spring weather. Be prepared for sudden downpours, especially during the summer months, which may occasionally delay your family’s beach plans.Traffic
While North Carolina can provide a slower pace of life than many other states, traffic congestion can be an issue in major urban areas like Charlotte, Raleigh and Greensboro, especially during rush hour. Although North Carolina ranked sixth for best states to drive in America, it ranked 32nd for traffic and infrastructure.Crime rates
Crime rates in North Carolina vary significantly by region. Cities tend to have higher crime rates than rural areas. Researching specific neighborhoods is essential when considering relocation. Both property crime and violent crime are above the national average in North Carolina.Expensive healthcare
North Carolinians pay some of the highest premiums in the country for health insurance. Healthcare costs in North Carolina can also be higher than the national average, especially for certain medical procedures and specialists. This can also be a factor to consider when budgeting for second home living expenses.Lack of public transportation
While public transportation options are improving in major cities, many areas of North Carolina still rely heavily on personal vehicles. This can limit mobility for those without cars who want to explore the state's natural wonders. Despite a $13.5 billion public transit spending plan, Charlotte still struggles with increasing ridership.Poor infrastructure
North Carolina's infrastructure ranked 31st nationally in 2023, according to a U.S. News report evaluating states on their progress in renewable energy, transportation network condition, and broadband access. Neighboring South Carolina ranks 37th.High pollen levels
Due to its climate and abundant vegetation, North Carolina experiences high pollen levels, particularly in the spring and fall. Tree pollen (especially oak, hickory and ash) is a major culprit during the spring months, while ragweed pollen dominates in the fall.Housing market inflation
The state’s housing market has seen a surge in home prices in recent years. This can make it challenging — particularly for first-time home buyers — to find housing in popular areas close to major cities or along the coast. However, there are still pockets of affordability throughout the state, particularly in rural areas and some smaller towns.Popular places to live in North Carolina
North Carolina offers diverse living experiences, from bustling cities to tiny mountain towns. Here are three of the most popular locations for residents and second home buyers alike
Asheville
Asheville has emerged as a vibrant hub for arts, culture and outdoor enthusiasts. Nestled in the Blue Ridge Mountains, the city is known for its stunning natural beauty, a thriving craft beer scene and a relaxed mountain lifestyle. The city has quickly become known as an Instagram-worthy romantic fall getaway. As a second home owner, you can enjoy hiking, skiing, and exploring boutiques and restaurants.Charlotte
Charlotte is North Carolina's largest city, offering a dynamic urban experience with a sophisticated Southern style. The Queen City boasts a thriving job market, a diverse culinary scene, and a growing arts and culture district. For second home owners, Charlotte has a balance of city amenities and proximity to outdoor attractions like Lake Norman.Raleigh
As the state capital, Raleigh blends a growing tech scene with the warmth of Southern hospitality. The city has a high quality of life, excellent schools and a vibrant downtown area. For second home owners, Raleigh provides access to cultural attractions, sporting events and 180 miles of greenways.Co-own in North Carolina with Pacaso
After weighing the pros and cons of living in North Carolina, it's no wonder many aspire to own a piece of this captivating state. However, second home ownership often involves significant financial commitments and management responsibilities.Pacaso co-ownership is the modern solution to this challenge. By co-owning a luxury Pacaso home in North Carolina, you can experience the joys of second home ownership without the burdens. You'll enjoy shared ownership with a select group of like-minded individuals while we handle the complexities of property management, maintenance and booking stays, ensuring a seamless and stress-free experience.Pros and cons of living in North Carolina FAQ
01: What are the biggest risks of living in North Carolina?
Natural disasters like hurricanes, tornadoes and flooding are concerns in North Carolina.
02: What makes North Carolina an attractive option for retirees?
North Carolina's cost of living is lower than the national average, making it an attractive option for retirees on a fixed income.
03: What is the arts and culture scene like in North Carolina?
Residents can enjoy touring Broadway shows in major cities, art galleries and vibrant music scenes, with everything from classical orchestras to local bluegrass bands.
