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Average Cost Of Living In North Carolina
Average Cost Of Living In North Carolina. In raleigh, the median sale price for a home is $251,300. Raleigh is 33.85% less expensive than new york (without rent, see our cost of living index ).

View future changes in the minimum wage in your location by visiting minimum wage values in. Charlotte is 29.74% less expensive than new york (without rent, see our cost of living index ). The federal minimum wage is $7.25 per hour while north carolina's state law sets the minimum wage rate at $7.25 per hour in 2022.
As You’re Looking At The Chart, Keep In Mind That States With A Higher Mean Wage, Higher Monthly Rent, And Lower Value Of A Dollar Tend To Have A Higher Cost Of Living.
North carolina ranked 28th most expensive and 15th best state to live in the united states. The county in north carolina with the lowest cost of living is durham county. In boone, north carolina, 24.5 % of the population owns their homes, while approximately 75.5% rent.
So We Used That Cost Of Living Index In Order To Rank All Of The 134 Places In North Carolina That Have More Than 5,000 People.
It is the 12th largest city in north carolina and the biggest city in western north carolina. This data was compiled in february 2022. The median sale price for a house in north carolina, any type of property included, is $181,700, with an average price per square foot of $130.
A Cost Of Living Index Above 100 Means Raleigh, North Carolina Is More Expensive.
In charlotte, the median sale price for a home is. To calculate the most affordable cities in north carolina, the cost of living index for each city was calculated, then compared to the national average of 100. So what do all those numbers mean?
North Carolina Has Some Amazing Places To Live.
$732 to $1,333 per month. A cost of living index above 100 means north carolina, north carolina is more expensive. Amelia josephson may 29, 2019.
Annual Mean Wage (All Occupations) Average Monthly Rent.
The average living wage in durham county is $100,799 according to mit data. Raleigh is 33.85% less expensive than new york (without rent, see our cost of living index ). On average, a single adult would likely spend around $250 a month on their grocery bill, while a family of four would average closer to $740 a month.
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