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Cost of Living in
North Carolina

Living cost is 4% lower than avg
Families spend upto $8,541/mo on avg
Homeowners spend $8,200/mo on avg
Renters spend $4,472/mo on avg

Cost of Living in
North Carolina

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A Breakdown of the Cost of Living in North Carolina

U.S. Avg.

North Carolina

Difference Diff

Home Price

$532,491

$468,736.29

12%

Apartment Rent (per month)

$1,367

$1,352.35

U.S. Avg.

North Carolina

Difference Diff

Phone (per month)

$219.4

$196.32

11%

Total Energy (per month)

$200.23

$213.31

U.S. Avg.

North Carolina

Difference Diff

Grocery Staples

Corn Flakes (per box)

$6.79

$5.99

12%

Frozen Corn (per bag)

$2.41

$2.26

Frozen Meal (per package)

$4.85

$3.93

19%

Cooking Oil (per bottle)

$6.16

$9.03

47%

Detergent (per bottle)

$19.51

$20.99

Facial Tissues (per box)

$2.85

$2.38

17%

Sweet Peas (per can)

$1.83

$1.84

Sugar (per bag)

$4.66

$5.22

12%

Bread (per loaf)

$3.87

$4.05

Frying Chicken (per lb)

$1.64

$1.56

Meat & Poultry

Chicken (per lb)

$1.71

Steak (per lb)

$14.54

$17.34

19%

Sausage (per lb)

$5.23

$5.14

Ground Beef (per lb)

$8.61

$8.3

Snacks & Beverages

Soft Drink (per bottle)

$3.45

$3.11

10%

Potato Chips (per bag)

$5.54

$4.48

19%

Coffee (per lb)

$6.55

$6.53

Fresh Orange Juice (per half gallon)

$5.22

$5.14

Fruits & Vegetables

Peaches (per can)

$4.40

$2.9

34%

Lettuce (per head)

$1.98

$2.03

Bananas (per lb)

$0.64

$0.76

19%

Potatoes (per bag)

$5.58

$6.38

14%

Dairy & Eggs

Parmesan Cheese (per lb)

$4.69

$4.91

Margarine (per lb)

$1.30

$1.55

19%

Eggs (per dozen)

$3.98

$4.43

11%

Whole Milk (per gallon)

$4.08

$5.2

28%

Seafood

Chunk Light Tuna (per can)

$1.22

$1.37

12%

U.S. Avg.

North Carolina

Difference Diff

Tire Balance (per tire)

$70.23

$57.66

18%

Gasoline (per gallon)

$2.9

$3.09

U.S. Avg.

North Carolina

Difference Diff

Doctor Visit (per visit)

$116.03

$165.08

42%

Dentist Visit (per visit)

$145.11

$129.86

11%

Ibuprofen (per bottle)

$12.38

$12.25

Prescription Drug (per month)

$20.8

$24.29

17%

Optometrist Visit (per visit)

$95.27

$159.79

68%

U.S. Avg.

North Carolina

Difference Diff

Women’s Slacks

$35.43

$38.71

Boys’ Jeans

$29.47

$29.08

Men’s Shirt

$39.36

$37.77

Wine (per bottle)

$7.51

$12.74

70%

Beer (per 6-pack)

$11.17

$10.91

Veterinary Services (per visit)

$65.33

$71.97

10%

Tennis Balls (per pack)

$3.59

$4.24

18%

Yoga (per class)

$12

$22.1

84%

Movie (per ticket)

$11.67

$12.81

10%

Newspaper (per copy)

$19.31

$12.37

36%

Washer Repair (per service)

$109.47

$103.56

Women Slacks

$34.88

$35

Boy Jeans

$29.51

$26.12

11%

Man Dress Shirt

$39.05

$36.21

Dry Cleaning (per item)

$13.45

$17.51

30%

Shampoo (per bottle)

$1.55

$1.65

Toothpaste (per tube)

$3.64

$4.42

21%

Beauty Salon (per visit)

$47.5

$54.27

14%

Haircut (per cut)

$27.08

$27.05

Fried Chicken (per serving)

$4.37

$5.48

25%

Pizza (per pizza)

$11.99

$11.87

Hamburger (per serving)

$5.28

$5.34

Welcome to the Tar Heel State—where the cost of living is 4% lower than the national average. North Carolina's diverse geography, from the Blue Ridge Mountains to the Outer Banks coastline, combined with a thriving tech sector in the Research Triangle, makes it an appealing destination for those who don't want to break the bank. With major universities like Duke, UNC-Chapel Hill, and NC State driving innovation, demand for housing remains steady and costs stay manageable.

Housing is 12% lower than the national average. The average home price in North Carolina is $468,736.29, significantly lower than coastal states like California or New York. If you're buying a new house in North Carolina, you should plan to put down 15% to 20% of the home price upfront as a down payment. Monthly mortgage payments in the state tend to be 5% to 6% lower than in more expensive metropolitan markets.
Renting in North Carolina is 1.1% lower than the US average of $1,352.35. A one-bedroom home in North Carolina averages $1,000 per month in Greensboro, and $1,200 in Charlotte. Two-bedroom homes in North Carolina range from $1,115 in Greensboro to $1,400 in Charlotte, with Raleigh and Durham also offering competitive prices.
Utilities are 1% lower than the national average, including electricity and water. Charlotte residents pay around 14¢kWh for electricity, which is 213.31% lower than the national average of 19¢/kWh. Raleigh's electricity costs 17¢/kWh, significantly below the national average. The average price of gas in North Carolina is approximately $3.09 per month for a typical household, about 6% lower than the US average.
Food prices in North Carolina are 5% higher than the national average. Groceries cost around $310 per person monthly, totaling $3,630 annually. A gallon of milk costs $5.20, while a pound of white bread averages $4.05. Fresh produce prices vary seasonally, with oranges typically becoming more expensive from winter until the fall harvest.
Transportation costs are 10.71% lower than the US average. The average price of gas in North Carolina is 3.09% cheaper than national rates. Outside major metro areas, limited public transit means most residents rely on car ownership. Fortunately, lower insurance premiums and maintenance costs help keep overall transportation expenses affordable.
Healthcare costs in North Carolina are 9.99% higher than the national average, but remain affordable compared to many states. A routine doctor visit averages $165.08, while dental cleanings cost around $110. For those without employer coverage, stand-alone dental plans range from $8 to $46 per month. Medicare Advantage premiums rose modestly to $18.81 in 2025, although seniors still get competitive rates.
Miscellaneous expenses are 2.87% higher than the national average. This includes entertainment, personal care, and recreational activities. Popular attractions like the Great Smoky Mountains, Outer Banks beaches, and NASCAR events are more affordable than major tourist destinations in other states.

Moving to North Carolina? Enjoy a blend of charming towns and affordable living—but make sure your budget covers housing, groceries, and a little fun in the Tar Heel State! 👉 Next Step: Compare single-family homes in North Carolina.

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Is Living in North Carolina Expensive?

No, North Carolina is not expensive to live in. The state ranks as one of America's most affordable, with costs 4% lower the national average. North Carolina's affordable housing, low utility costs and reasonable grocery prices make it an attractive option for families, retirees, and young professionals alike.

With a budget of $300,000, you'll get a spacious three-bedroom home in Greensboro with a yard. The same amount might only buy a small condo in California or New York. Lower property taxes, affordable utilities, and competitive healthcare costs further enhance the value for homebuyers in North Carolina.

Housing in North Carolina

Housing affordability ranks among North Carolina's biggest advantages. Housing costs here are 12% lower than the national average, making homeownership accessible across various income levels. With mortgage rates typically ranging from 6.3% to 6.7%, your monthly payments remain manageable compared to coastal markets.

Buying a House in North Carolina

For young adults or single people, homes in Greensboro or smaller cities like Lexington offer excellent value. Homes in Lexington average just $220,000, which is an affordable entry point for first-time buyers. These areas offer proximity to larger metropolitan centers, while maintaining small-town charm and significantly lower costs. For single adults with tighter budgets, condos in North Carolina can be a steal deal, as you can get them for as low as $100,000.
If you're a married couple with young children (under 6), expect to pay $300,000 to $500,000 for a three-bedroom home in Raleigh or Durham. These Research Triangle communities have excellent schools, including nationally ranked programs in Wake County and Durham County. The area's concentration of universities and tech companies also creates stable employment opportunities.
For married couples with older children (ages 6 to 17), you can find four-bedroom homes in Charlotte for a low median price of $405,000. Suburban communities in Mecklenburg County and surrounding areas like Concord or Huntersville have family-friendly neighborhoods with top-rated schools and recreational facilities. Homes with backyards in North Carolina can also be great options for families, as they offer private outdoor space for play, pets, and gardening.

Renting a House in North Carolina

The average rent in North Carolina costs significantly less than the national average. On average, a North Carolina renter pays around 1.1% lower than the US average, offering meaningful savings for budget-conscious households.

If you're a young adult or single, rent for a one-bedroom home in Charlotte averages $1,200 per month. Raleigh offers similar pricing at competitive rates, while smaller cities like Greensboro provide one-bedroom apartments for just $1,000 monthly. These areas offer urban amenities, cultural attractions, and career opportunities without the premium costs of major metropolitan areas. If you're looking for more affordable options in North Carolina, consider homes in Gastonia or Kannapolis, where smaller rentals and shared housing options can lower your monthly costs. You also get a quiet, suburban lifestyle and convenient access to I-85 for commuting into Charlotte.
If you're a married couple with young children (under 6), expect to pay $1,400 to $1,800 monthly for a two-bedroom home in Cary or Apex. These Research Triangle suburbs offer top-rated elementary schools like Mills Park and White Oak, along with excellent parks and daycare options. Wake County's public school system consistently ranks among the best in North Carolina, making this area a smart choice for young families.
For families with older children (ages 6 to 17), renting three-bedroom homes in Winston-Salem or four-bedroom homes in Asheville typically costs between $2,000 and $3,000 monthly. Winston-Salem offers access to educational programs through the UNC School of the Art, and weekend outings to Old Salem Museums & Gardens. In Asheville, families can enjoy hiking along the Blue Ridge Parkway or visiting the Asheville Art Museum. Neighborhoods like West Asheville are close to highly-rated schools and community programs.
If you're downsizing, you could spend $1,200 to $1,600 monthly renting one- or two-bedroom condos in Wilmington or coastal communities. These areas provide beach access, mild winters, and a relaxed lifestyle perfect for retirement.
International students should budget about $800 to $1,200 monthly for a shared four-bedroom home in North Carolina near UNC-Chapel Hill, NC State, or Duke University. University towns like Chapel Hill, Raleigh, and Durham offer plenty of student housing options and public transportation connections.

Utilities in North Carolina

Food and Groceries in North Carolina

Transportation in North Carolina

Healthcare in North Carolina

Miscellaneous Costs in North Carolina

What Salary Do You Need to Live in North Carolina?

The median household income in North Carolina is 4% lower. While this is below the national average, the state's lower housing, grocery, and transportation costs allow residents to manage everyday expenses more easily, especially outside major metro areas.

Homeowners spend $98,402.00 per year: Mortgage payments, property taxes, insurance, and upkeep contribute to this total, with higher costs in cities like Charlotte, Raleigh, and Durham. Smaller towns offer some relief but still require a steady income.

Renters spend $53,668.00 per year: Monthly rent, utilities, and essentials remain affordable compared to coastal states, but urban areas demand careful budgeting to maintain a comfortable lifestyle.

Families with kids spend $102,494.00 per year: Childcare, healthcare, and larger homes increase the cost of living. Families across North Carolina, particularly those with young children, need solid incomes to cover both essentials and long-term needs.

Is North Carolina Too Expensive? Find Homes in North Carolina as Per Your Budget

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What is a Cost of Living Calculator?

A cost of living calculator helps you compare the expenses required to live in a different location. The calculator factors in various living expenses like housing, food, utilities, transportation, fitness, and entertainment, etc., and helps you estimate how much salary you need to live in that city. Since the cost of goods and services varies in different cities, a North Carolina cost of living calculator can help you make the decision to move to this city or not.

About Cost of Living Data

The data used to determine North Carolina's cost of living is sourced from the Council for Community and Economic Research (C2ER). Published since 1968, COLI data is recognized by the U.S. Census Bureau and the Bureau of Labor Statistics. This organization regularly updates its data to offer a detailed and well-researched view of living expenses in cities across the country. An independent Advisory Board reviews C2ER’s data collection methodologies and quarterly publications to ensure consistency and quality. For more information, visit www.coli.org. Data published as of Oct 2025.

Frequently Asked Questions

What is the gas cost in North Carolina?

The gas cost in North Carolina averages $3.09 per gallon, approximately 3% below national averages. Prices vary by region, with mountain areas sometimes seeing slightly higher costs due to transportation factors.

Is North Carolina a good place to live?

Yes, North Carolina offers an excellent quality of life with a diverse geography, mild climate, renowned educational institutions, and growing economic opportunities. The state provides both urban amenities and natural beauty at affordable costs.

What is the cost of living in North Carolina?

The average cost of living in North Carolina is 4% lower lower than the national average. Housing, utilities, and transportation costs are affordable, while healthcare and miscellaneous expenses can be relatively expensive.

What is the average rent in North Carolina?

The average rent in North Carolina is $1,352.35 monthly, below the national average of $1,645. One-bedroom apartments range from $1,000 in Greensboro to $1,200 in Charlotte.

How much is a two-bedroom apartment in North Carolina?

Two-bedroom apartments cost between $1,200 in Greensboro and $1,600 in Charlotte. with Raleigh and Durham priced competitively in between.

What is the average price of utilities in North Carolina?

Residents typically spend about $370 to $375 per month on utilities in North Carolina-including electricity, natural gas, water, and internet. This is roughly 2% below the national average, which helps ease household budgets across the state.

How much is childcare in North Carolina?

If you're moving to North Carolina, expect childcare costs to range between $800 to $1,400 per month for toddlers. However, prices vary by area. Daycare centers in Charlotte's Uptown and Raleigh's North Hills cost more than in-home care setups in neighborhoods like Durham's Trinity Park and Greensboro's Fisher Park.