Cost of Living in North Carolina

North Carolina has a cost of living index of 97.8, meaning overall expenses are 2.2% lower the national average. With 163 cities tracked in our database, the state offers a wide range of living situations from very affordable small towns to pricier metropolitan areas.

Housing is typically the largest expense category. Average rent in North Carolina is approximately $1,387 per month, with significant variation between urban centers and rural communities. Median home values average around $462,170 statewide.

The state income tax rate in North Carolina is 4.5%, which directly affects take-home pay. Factor this into salary comparisons when considering a move from states with different tax rates.