Mayodan, NC Cost Of Living

Mayodan 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.
Index	Mayodan	North Carolina	National
Cost of living index	77	94	100
Index	Mayodan	North Carolina	National
Goods & Services index	89	98	100
Groceries index	91	98	100
Health care index	87	107	100
Housing index	50	85	100
Transportation index	83	98	100
Utilities index	89	96	100

Did you know?

The cost of living in Mayodan is 19% lower than the North Carolina average.
The cost of living in Mayodan is 23% lower than the national average.
The cost of housing in Mayodan is 50% 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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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$40,417	$3,368	$943	$1,213
Renters	$19,318	$1,610	$451	$580

North Carolina Sales Tax

State	General Sales Tax	With Max Surtax
North Carolina	4.75%	7.5%

North Carolina Income Tax

State	Income Tax (Low)	Income Tax (High)
North Carolina	5.75%	5.75%

Goods & Services

Item	Mayodan	National avg.	Difference
Haircut	$14.06	$16.09	12.6%
Beauty Salon	$22.56	$37.33	39.6%
Toothpaste	$1.78	$2.45	27.3%
Shampoo	$0.82	$1.00	17.7%
Movie	$7.17	$10.28	30.3%
Bowling	$3.08	$4.93	37.5%

Groceries

Item	Mayodan	National avg.	Difference
Ground Beef	$3.62	$3.80	4.7%
Fried Chicken	$1.10	$1.40	21.5%
Milk	$1.86	$2.01	7.2%
Potatoes	$2.63	$3.01	12.8%
Pizza	$10.33	$9.89	4.5%
Beer	$8.81	$8.90	0.9%

Health Care

Item	Mayodan	National avg.	Difference
Optometrist	$125.67	$102.16	23.0%
Doctor	$87.18	$108.36	19.5%
Dentist	$73.18	$92.53	20.9%
Ibuprofen	$8.43	$9.28	9.2%
Lipitor	$419.08	$425.82	1.6%

Housing

Item	Mayodan	National avg.	Difference
Home Price	$87,900.00	$184,700.00	52.4%
Avg. Mortgage Payment	$963.73	$1,202.44	19.9%
Apartment Rent	$535.00	$949.00	43.6%

Transportation

Item	Mayodan	National avg.	Difference
Gasoline	$2.01	$2.24	10.4%
Tire Balancing	$32.00	$46.29	30.9%

Utilities

Item	Mayodan	National avg.	Difference
All Electricity	$146.75	$165.96	11.6%
Phone	$26.06	$28.68	9.1%

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, State	Population	Cost of Living Index	National Avg.
Sandy Level, VA	339	75	-25%
Eden, NC	15,434	77	-23%
Stoneville, NC	1,243	78	-22%
Germanton, NC	858	89	-11%
Patrick Springs, VA	1,879	79	-21%
Mayodan, NC	2,760	77	-23%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Cross Mountain, TX	2,760	123	23%
Burns, OR	2,760	79	-21%
Bonifay, FL	2,760	80	-20%
Fillmore, UT	2,759	87	-13%
Freer, TX	2,759	81	-19%
Mayodan, NC	2,760	77	-23%

Source: The Mayodan, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Mayodan, NC Cost of Living