Montreat, NC Cost Of Living

Montreat 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	Montreat	North Carolina	National
Cost of living index	132	94	100
Index	Montreat	North Carolina	National
Goods & Services index	97	98	100
Groceries index	94	98	100
Health care index	101	107	100
Housing index	214	85	100
Transportation index	96	98	100
Utilities index	104	96	100

Did you know?

The cost of living in Montreat is 40% higher than the North Carolina average.
The cost of living in Montreat is 32% higher than the national average.
The cost of housing in Montreat is 114% higher 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	$67,778	$5,648	$1,581	$2,034
Renters	$0	$0	$0	$0

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	Montreat	National avg.	Difference
Haircut	$18.68	$16.09	16.1%
Beauty Salon	$36.55	$37.33	2.1%
Toothpaste	$2.18	$2.45	10.9%
Shampoo	$0.98	$1.00	1.8%
Movie	$10.65	$10.28	3.6%
Bowling	$5.08	$4.93	3.0%

Groceries

Item	Montreat	National avg.	Difference
Ground Beef	$3.94	$3.80	3.6%
Fried Chicken	$1.18	$1.40	15.4%
Milk	$1.89	$2.01	5.6%
Potatoes	$2.79	$3.01	7.3%
Pizza	$11.26	$9.89	13.9%
Beer	$8.51	$8.90	4.4%

Health Care

Item	Montreat	National avg.	Difference
Optometrist	$85.89	$102.16	15.9%
Doctor	$94.49	$108.36	12.8%
Dentist	$113.79	$92.53	23.0%
Ibuprofen	$7.75	$9.28	16.5%
Lipitor	$394.01	$425.82	7.5%

Housing

Item	Montreat	National avg.	Difference
Home Price	$394,700.00	$184,700.00	113.7%
Avg. Mortgage Payment	$1,241.63	$1,202.44	3.3%
Apartment Rent	$0.00	$949.00	100.0%

Transportation

Item	Montreat	National avg.	Difference
Gasoline	$2.20	$2.24	1.9%
Tire Balancing	$42.52	$46.29	8.2%

Utilities

Item	Montreat	National avg.	Difference
All Electricity	$159.88	$165.96	3.7%
Phone	$32.47	$28.68	13.2%

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.
Old Fort, NC	1,136	81	-19%
Gerton, NC	287	85	-15%
Swannanoa, NC	4,858	89	-11%
Mars Hill, NC	2,620	96	-4%
Black Mountain, NC	8,168	98	-2%
Montreat, NC	521	132	32%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Scammon Bay, AK	521	99	-1%
Egan, LA	521	87	-13%
Glen Elder, KS	521	75	-25%
Williamsfield, IL	521	86	-14%
Kingston, GA	521	87	-13%
Montreat, NC	521	132	32%

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

Montreat, NC Cost of Living