Germanton 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.
IndexGermantonNorth CarolinaNational
Cost of living index8995100
IndexGermantonNorth CarolinaNational
Goods & Services index98100100
Groceries index9999100
Health care index104105100
Housing index6287100
Transportation index9894100
Utilities index11297100

Did you know?

  • The cost of living in Germanton is 7% lower than the North Carolina average.
  • The cost of living in Germanton is 11% lower than the national average.
  • The cost of housing in Germanton is 38% 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 Germanton, 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$84,844$7,070$1,980$2,546
Renters$27,868$2,322$650$836

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

ItemGermantonNational avg.Difference
Haircut $19.92$15.5628.0%
Beauty Salon $33.61$36.116.9%
Toothpaste $2.48$2.470.3%
Shampoo $1.06$0.9610.2%
Movie $10.31$10.131.8%
Bowling $4.71$4.740.5%

Groceries

ItemGermantonNational avg.Difference
Ground Beef $3.66$3.988.2%
Fried Chicken $1.46$1.413.5%
Milk $1.94$2.065.8%
Potatoes $3.22$2.988.0%
Pizza $8.13$9.4714.2%
Beer $8.78$8.790.2%

Health Care

ItemGermantonNational avg.Difference
Optometrist $113.55$101.0412.4%
Doctor $127.44$107.4418.6%
Dentist $88.67$90.421.9%
Ibuprofen $8.34$9.2810.1%
Lipitor $425.33$426.500.3%

Housing

ItemGermantonNational avg.Difference
Home Price $113,000.00$175,700.0035.7%
Avg. Mortgage Payment $760.84$1,133.2332.9%
Apartment Rent $533.00$920.0042.1%

Transportation

ItemGermantonNational avg.Difference
Gasoline $1.94$1.992.7%
Tire Balancing $45.33$45.760.9%

Utilities

ItemGermantonNational avg.Difference
All Electricity$169.68$163.813.6%
Phone $35.33$28.3924.5%
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.
Pinnacle, NC65685-15%
Danbury, NC19088-12%
Madison, NC2,24080-20%
East Bend, NC51189-11%
Walnut Cove, NC1,59990-10%
Germanton, NC87289-11%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Felicity, OH87282-18%
Savoonga, AK8721033%
Pittsville, WI87282-18%
Raymond, IA87294-6%
Dresser, WI87194-6%
Germanton, NC87289-11%
Source: The Germanton, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.