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North Carolina Cost of Living (NC)

The cost of living in North Carolina (NC) is lower than the nationwide average. The average yearly pay in North Carolina is $43,795.00, which is lower than the U.S. average annual salary by $6,013.00. The consumer price index (CPI) of 224 in North Carolina is 3.86% lower than the U.S. city average CPI of 233. The sales tax is 4.75%.

The CPI calculation is based on a statistical model that takes into account some of the major personal consumption categories such as healthcare, transportation, housing, education and food, in addition to the average North Carolina annual salary, sales tax rates and the regional consumer price index.


North Carolina Consumer Price Index (CPI):
CPI
North Carolina
224
U.S. City Average
233
Average Annual Pay:
U.S. Dollars
North Carolina
$43,795
U.S. City Average
$49,808
Consumption Categories in North Carolina versus National Average:
Category Percentage Versus National Average
Education -22.89%
90.91%
0%
Healthcare -5.44%
21.61%
0%
Groceries 0.07%
0%
0.28%
Rent -10.61%
42.14%
0%
Mortgage -9.77%
38.80%
0%
Electricity 17.80%
0%
70.69%
Gasoline 1.18%
0%
4.69%



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