Burlington 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.
IndexBurlingtonNorth CarolinaNational
Cost of living index8997100
IndexBurlingtonNorth CarolinaNational
Goods & Services index94101100
Groceries index100100100
Health care index99104100
Housing index7387100
Transportation index100102100
Utilities index95100100
Here we can see a simple outline of the cost of living in Burlington, NC. As you can see, with the average cost of living in Burlington, NC being 89, that puts it 7% lower than the average of North Carolina and 11% 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 Burlington, NC, the price of goods and services are 6% lower than the average of North Carolina as well as 6% lower than the nation's average.

Did you know?

  • The cost of living in Burlington is 7% lower than the North Carolina average.
  • The cost of living in Burlington is 11% lower than the national average.
  • The cost of housing in Burlington is 27% 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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Salary Calculator

This is how much you would need to earn in
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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 Burlington, 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 Burlington, NC, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Burlington, 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$49,599$4,133$1,157$1,488
Renters$24,189$2,016$564$726
If you want to find a good determining factor for the cost of living and the general affordability of housing in Burlington, NC, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Burlington, NC, the median monthly income is $49,599 for those who own their own homes. Under the standard rule, that income level would allow for $1,157 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $24,189, per the median income in the area. That would allow for renters to spend up to $564 on monthly rental expenses.

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 you are determining the total cost of living in Burlington, NC you will want to make sure you consider both the North Carolina sales tax and the North Carolina income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in North Carolina is 4.75%, with the highest surtax being 7.5%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in North Carolina have a range from 5.75% to 5.75%.

Goods & Services

ItemBurlingtonNational avg.Difference
Haircut $12.00$14.5917.8%
Beauty Salon $39.33$34.6813.4%
Toothpaste $2.32$2.476.2%
Shampoo $1.13$1.0210.6%
Movie $10.25$9.873.9%
Bowling $4.50$4.392.5%

Groceries

ItemBurlingtonNational avg.Difference
Ground Beef $4.76$4.486.3%
Fried Chicken $1.64$1.4612.0%
Milk $2.66$2.3612.9%
Potatoes $3.41$3.0611.4%
Pizza $8.00$9.2413.4%
Beer $8.24$8.634.6%

Health Care

ItemBurlingtonNational avg.Difference
Optometrist $95.00$99.784.8%
Doctor $99.50$105.035.3%
Dentist $86.33$88.702.7%
Ibuprofen $9.46$9.410.5%
Lipitor $313.26$298.504.9%

Housing

ItemBurlingtonNational avg.Difference
Home Price $122,800.00$175,700.0030.1%
Avg. Mortgage Payment $789.27$1,081.0327.0%
Apartment Rent $738.00$920.0019.8%

Transportation

ItemBurlingtonNational avg.Difference
Gasoline $2.19$2.094.6%
Tire Balancing $39.50$45.2912.8%

Utilities

ItemBurlingtonNational avg.Difference
All Electricity$170.97$170.800.1%
Phone $25.01$28.2611.5%
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.
Green Level, NC2,07883-17%
McLeansville, NC93487-13%
Efland, NC81587-13%
Altamahaw, NC37688-12%
Haw River, NC2,38088-12%
Burlington, NC51,74089-11%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Perth Amboy, NJ51,72711717%
Castle Rock, CO51,80211616%
Placentia, CA51,86015353%
La Crosse, WI51,86497-3%
Peabody, MA51,86814040%
Burlington, NC51,74089-11%
Source: The Burlington, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.