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Cost of Living in North Carolina (NC)

The cost of living in North Carolina is lower than the national average. State of North Carolina salaries average $47,269.00, indicating a pay rate that is lower than the U.S. average annual salary by $6,352.00. The consumer price index (CPI) of 235 in North Carolina is 4.08% lower than the U.S. city average CPI of 245. 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
235
U.S. City Average
245
Average Annual Pay:
U.S. Dollars
North Carolina
$47,269
U.S. City Average
$53,621
Consumption Categories in North Carolina versus National Average:
Category Percentage Versus National Average
Education -18.01%
90.91%
0%
Healthcare -8.93%
45.08%
0%
Groceries 4.10%
0%
20.70%
Rent -9.94%
50.17%
0%
Mortgage -11.35%
57.29%
0%
Electricity 15.42%
0%
77.84%
Gasoline -0.39%
1.97%
0%


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