If you`re interested in becoming a licensed contractor in North Carolina, one of the first things you`ll need to consider is the cost of obtaining your license. The cost can vary depending on a few different factors, so it`s important to understand the process and what fees you`ll be responsible for.

Firstly, it`s important to note that there are different types of contractor licenses in North Carolina. The type of license you need will depend on the type of work you plan to do and the size of the projects you`ll be working on. Generally, smaller projects like home repairs and renovations require a limited license, while larger projects like new construction and commercial projects require a full license.

The cost of a contractor license in North Carolina can include several different fees. The first fee you`ll need to pay is the application fee. This fee is non-refundable and varies depending on the type of license you`re applying for. For a limited license, the application fee is typically around $75, while a full license application fee can range from $100 to $300.

In addition to the application fee, you may also need to pay an examination fee. This fee is usually required for full licenses and can range from $80 to $200 depending on the type of exam you need to take.

Once you`ve passed your exam and your application has been approved, there may also be a license fee. This fee varies depending on the type of license you have and can range from $60 to $400.

Finally, some contractors may also need to obtain a surety bond or insurance. This is a separate cost that can range from a few hundred dollars to several thousand dollars depending on your coverage needs.

In summary, the cost of obtaining a contractor license in North Carolina can range from a few hundred dollars to over a thousand dollars depending on the type of license you need and any additional fees like exam fees and insurance. It`s important to budget for these expenses and ensure you have the necessary funds before beginning the process of obtaining your license.