East Flat Rock 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.
IndexEast Flat RockNorth CarolinaNational
Cost of living index8997100
IndexEast Flat RockNorth CarolinaNational
Goods & Services index99101100
Groceries index102100100
Health care index100104100
Housing index6587100
Transportation index106102100
Utilities index92100100
Displayed above is a general overview of the East Flat Rock, NC cost of living index. The overall cost of living index in East Flat Rock, NC is 89, which is 8% lower than the North Carolina average and 11% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in East Flat Rock, NC are 2% lower than the North Carolina average and 1% lower than the national average.

Did you know?

  • The cost of living in East Flat Rock is 8% lower than the North Carolina average.
  • The cost of living in East Flat Rock is 11% lower than the national average.
  • The cost of housing in East Flat Rock is 35% 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 East Flat Rock, NC Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in East Flat Rock, NC to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in East Flat Rock, NC, then you would need to earn more income in order to maintain the same standard of living. To use the East Flat Rock, NC salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$27,347$2,279$638$820
Renters$18,356$1,530$428$551
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in East Flat Rock, NC as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for East Flat Rock, NC homeowners, is $27,347. This would allow for a maximum of $638 per month to be spent on housing costs. For renters, the median monthly income is $18,356 which would result in a maximum of $428 to be spent on rental costs.

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%
One thing to keep in mind when considering the cost of living in East Flat Rock, NC is the North Carolina sales tax and North Carolina income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The North Carolina sales tax rate is 4.75% and the maximum surtax that can be charged is 7.5%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The North Carolina income tax rates range from 5.75% to 5.75%.

Goods & Services

ItemEast Flat RockNational avg.Difference
Haircut $12.00$14.5917.8%
Beauty Salon $33.33$34.683.9%
Toothpaste $1.87$2.4724.4%
Shampoo $1.02$1.020.2%
Movie $10.58$9.877.2%
Bowling $5.05$4.3915.0%

Groceries

ItemEast Flat RockNational avg.Difference
Ground Beef $5.02$4.4812.1%
Fried Chicken $1.37$1.466.4%
Milk $2.59$2.369.9%
Potatoes $3.48$3.0613.7%
Pizza $10.99$9.2418.9%
Beer $7.81$8.639.5%

Health Care

ItemEast Flat RockNational avg.Difference
Optometrist $93.00$99.786.8%
Doctor $111.25$105.035.9%
Dentist $95.00$88.707.1%
Ibuprofen $9.65$9.412.5%
Lipitor $252.26$298.5015.5%

Housing

ItemEast Flat RockNational avg.Difference
Home Price $116,100.00$175,700.0033.9%
Avg. Mortgage Payment $1,132.18$1,081.034.7%
Apartment Rent $590.00$920.0035.9%

Transportation

ItemEast Flat RockNational avg.Difference
Gasoline $2.27$2.098.6%
Tire Balancing $43.98$45.292.9%

Utilities

ItemEast Flat RockNational avg.Difference
All Electricity$160.51$170.806.0%
Phone $24.98$28.2611.6%
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.
Tigerville, SC1,8391044%
Fruitland, NC2,44387-13%
Landrum, SC2,59791-9%
Barker Heights, NC1,65288-12%
Edneyville, NC2,25591-9%
East Flat Rock, NC3,91789-11%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Kildeer, IL3,91715858%
Lewisburg, WV3,9171011%
West Columbia, TX3,91783-17%
Gordon Heights, NY3,91813131%
Eastland, TX3,91981-19%
East Flat Rock, NC3,91789-11%
Source: The East Flat Rock, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.