Cost of living in Drexel, North Carolina
Simple answer
Typical rent is $590 a month.
Drexel is a town in North Carolina. That rent number includes utilities. A typical household earns $61,992 a year.
- People
- 2,146
- Census average, 2020–2024
- Typical rent
- $590
- Median gross rent, includes utilities
- Typical pay
- $61,992
- Median household income, yearly
- Typical home
- $214,400
- Median home value
- 2-bedroom fair rent
- $1,147
- Hickory-Lenoir-Morganton, NC MSA
Drexel, North Carolina has about 2,146 people. That count is a 2020–2024 Census average, not a headcount from one day.
A typical home is worth about $214,400.
HUD's fair-market rent for a 2-bedroom in Burke County is $1,147 a month. That is the county number, not an apartment listing in Drexel. It runs from October 2026 through September 2027.
In the Hickory-Lenoir-Morganton, NC metro area, prices sit at 88.5 when the U.S. average is 100. That is a 2024 BEA index.
North Carolina taxes wages. A typical combined sales tax is 7.0% as of January 1, 2026. That mix is statewide, not Drexel's exact store tax.
In July 2026, a typical North Carolina home paid 15.16¢ per kilowatt-hour. That is a state average from EIA, not Drexel's bill.
EIA did not publish a 2025 all-grades gas price for North Carolina in the table we use.
Among 407 places we list in North Carolina with a rent figure, 389 have higher typical rent than Drexel.
Nearby places
- Valdese
Typical rent $665
Compare with Drexel - Rutherford College
Typical rent $853
Compare with Drexel - Morganton
Typical rent $944
Compare with Drexel - Connelly Springs
Typical rent $884
Compare with Drexel - Salem
Typical rent $856
Compare with Drexel - Gamewell
Typical rent $808
Compare with Drexel - Cajah's Mountain
Typical rent $729
- Sawmills
Typical rent $730
EBT nearby
USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.
Locator page updated 2026-09-11. Last checked 2026-10-16.
Food stamps (SNAP) tools in North Carolina
Bigger places in North Carolina
Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.