East Spencer 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 SpencerNorth CarolinaNational
Cost of living index8397100
IndexEast SpencerNorth CarolinaNational
Goods & Services index91101100
Groceries index102100100
Health care index111104100
Housing index5687100
Transportation index91102100
Utilities index90100100

Did you know?

  • The cost of living in East Spencer is 15% lower than the North Carolina average.
  • The cost of living in East Spencer is 17% lower than the national average.
  • The cost of housing in East Spencer is 44% 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 Spencer, NC Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$35,625$2,969$831$1,069
Renters$11,818$985$276$355

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%

Goods & Services

ItemEast SpencerNational avg.Difference
Haircut $11.00$14.5924.6%
Beauty Salon $28.57$34.6817.6%
Toothpaste $1.99$2.4719.5%
Shampoo $1.19$1.0216.4%
Movie $5.50$9.8744.3%
Bowling $2.25$4.3948.8%

Groceries

ItemEast SpencerNational avg.Difference
Ground Beef $4.56$4.481.9%
Fried Chicken $1.51$1.463.1%
Milk $2.07$2.3612.2%
Potatoes $3.10$3.061.3%
Pizza $10.99$9.2418.9%
Beer $7.74$8.6310.3%

Health Care

ItemEast SpencerNational avg.Difference
Optometrist $126.67$99.7827.0%
Doctor $145.83$105.0338.8%
Dentist $100.50$88.7013.3%
Ibuprofen $10.34$9.419.9%
Lipitor $218.72$298.5026.7%

Housing

ItemEast SpencerNational avg.Difference
Home Price $98,600.00$175,700.0043.9%
Avg. Mortgage Payment $965.39$1,081.0310.7%
Apartment Rent $518.00$920.0043.7%

Transportation

ItemEast SpencerNational avg.Difference
Gasoline $2.16$2.093.4%
Tire Balancing $25.00$45.2944.8%

Utilities

ItemEast SpencerNational avg.Difference
All Electricity$175.54$170.802.8%
Phone $20.50$28.2627.4%
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.
Cooleemee, NC75092-8%
Spencer, NC3,26784-16%
Lexington, NC19,02984-16%
Richfield, NC77484-16%
China Grove, NC4,15590-10%
East Spencer, NC1,52083-17%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Walnut, IL1,52085-15%
Herscher, IL1,51994-6%
Leland Grove, IL1,5211044%
East Millinocket, ME1,52191-9%
Pemberville, OH1,52194-6%
East Spencer, NC1,52083-17%
Source: The East Spencer, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.