Archer Lodge cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexArcher LodgeNorth CarolinaNational
Cost of living index9397100
IndexArcher LodgeNorth CarolinaNational
Goods & Services index100101100
Groceries index100100100
Health care index99104100
Housing index7987100
Transportation index99102100
Utilities index98100100
Here we can see a simple outline of the cost of living in Archer Lodge, NC. As you can see, with the average cost of living in Archer Lodge, NC being 93, that puts it 4% lower than the average of North Carolina and 7% lower than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Archer Lodge, NC, the price of goods and services are equal to the average of North Carolina as well as equal to the nation's average.

Did you know?

  • The cost of living in Archer Lodge is 4% lower than the North Carolina average.
  • The cost of living in Archer Lodge is 7% lower than the national average.
  • The cost of housing in Archer Lodge is 21% lower than the national average.
  • North Carolina general sales tax is 7% lower than the national average.
  • North Carolina state income tax is 159% higher than the national average.

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Compare Archer Lodge, NC Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator allows you to compare how much your current salary in Archer Lodge, NC would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Archer Lodge, NC, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Archer Lodge, NC salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$69,973$5,831$1,633$2,099
Renters$25,460$2,122$594$764
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Archer Lodge, NC, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Archer Lodge, NC homeowners have a median income of $69,973. Using that number, you will come up with a maximum of $1,633 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $25,460, which means there is a maximum of $594 to be spent on the costs of renting a home or apartment.

North Carolina Sales Tax

StateGeneral Sales TaxWith Max Surtax
North Carolina4.75%7.5%

North Carolina Income Tax

StateIncome Tax (Low)Income Tax (High)
North Carolina5.75%5.75%
When considering the overall cost of living expenses in Archer Lodge, NC, it's important to take into account the sales tax for North Carolina, as well as the rate for income tax in North Carolina. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for North Carolina is 7.5%, and the sales tax in the state of North Carolina is 4.75%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in North Carolina starts from 5.75% and goes up to 5.75%.

Goods & Services

ItemArcher LodgeNational avg.Difference
Haircut $18.57$14.5927.3%
Beauty Salon $40.57$34.6817.0%
Toothpaste $2.44$2.471.3%
Shampoo $1.01$1.021.2%
Movie $9.86$9.870.1%
Bowling $4.44$4.391.1%

Groceries

ItemArcher LodgeNational avg.Difference
Ground Beef $4.69$4.484.8%
Fried Chicken $1.35$1.467.8%
Milk $2.50$2.366.1%
Potatoes $3.64$3.0618.9%
Pizza $9.27$9.240.3%
Beer $8.62$8.630.1%

Health Care

ItemArcher LodgeNational avg.Difference
Optometrist $98.75$99.781.0%
Doctor $95.79$105.038.8%
Dentist $98.29$88.7010.8%
Ibuprofen $9.61$9.412.1%
Lipitor $258.40$298.5013.4%

Housing

ItemArcher LodgeNational avg.Difference
Home Price $138,100.00$175,700.0021.4%
Avg. Mortgage Payment $797.74$1,081.0326.2%
Apartment Rent $0.00$920.00100.0%

Transportation

ItemArcher LodgeNational avg.Difference
Gasoline $2.22$2.096.3%
Tire Balancing $35.50$45.2921.6%

Utilities

ItemArcher LodgeNational avg.Difference
All Electricity$147.80$170.8013.5%
Phone $31.99$28.2613.2%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Micro, NC46885-15%
Kenly, NC1,56387-13%
Selma, NC6,17287-13%
Bailey, NC49488-12%
Middlesex, NC1,08488-12%
Archer Lodge, NC4,44193-7%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Jenkintown, PA4,44112121%
Greenville, KY4,44282-18%
Summerville, GA4,44279-21%
Farley, KY4,44380-20%
Waimanalo Beach, HI4,43915858%
Archer Lodge, NC4,44193-7%
Source: The Archer Lodge, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.