Cost Of Living In Norman, NC

Norman 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	Norman	North Carolina	National
Cost of living index	80	95	100
Index	Norman	North Carolina	National
Goods & Services index	107	100	100
Groceries index	96	99	100
Health care index	105	105	100
Housing index	31	87	100
Transportation index	94	94	100
Utilities index	96	97	100

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The cost of living in Norman is 16% lower than the North Carolina average.
The cost of living in Norman is 20% lower than the national average.
The cost of housing in Norman is 69% 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	$29,250	$2,438	$682	$878
Renters	$19,141	$1,595	$447	$574

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	Norman	National avg.	Difference
Haircut	$21.94	$15.56	40.9%
Beauty Salon	$33.93	$36.11	6.0%
Toothpaste	$2.90	$2.47	17.5%
Shampoo	$0.98	$0.96	1.1%
Movie	$10.95	$10.13	8.2%
Bowling	$7.61	$4.74	60.8%

Groceries

Item	Norman	National avg.	Difference
Ground Beef	$3.75	$3.98	5.8%
Fried Chicken	$1.70	$1.41	20.7%
Milk	$1.96	$2.06	5.3%
Potatoes	$2.98	$2.98	0.1%
Pizza	$8.36	$9.47	11.8%
Beer	$9.36	$8.79	6.4%

Health Care

Item	Norman	National avg.	Difference
Optometrist	$110.99	$101.04	9.8%
Doctor	$101.25	$107.44	5.8%
Dentist	$105.89	$90.42	17.1%
Ibuprofen	$8.70	$9.28	6.2%
Lipitor	$421.18	$426.50	1.2%

Housing

Item	Norman	National avg.	Difference
Home Price	$34,200.00	$175,700.00	80.5%
Avg. Mortgage Payment	$807.44	$1,133.23	28.7%
Apartment Rent	$531.00	$920.00	42.3%

Transportation

Item	Norman	National avg.	Difference
Gasoline	$1.85	$1.99	7.2%
Tire Balancing	$44.22	$45.76	3.4%

Utilities

Item	Norman	National avg.	Difference
All Electricity	$167.65	$163.81	2.3%
Phone	$24.96	$28.39	12.1%

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.
Ellerbe, NC	1,554	84	-16%
Biscoe, NC	1,753	79	-21%
Hoffman, NC	548	85	-15%
Troy, NC	3,458	79	-21%
Lilesville, NC	540	84	-16%
Norman, NC	149	80	-20%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Washington, AR	149	81	-19%
Movico, AL	149	80	-20%
Bragg City, MO	149	68	-32%
Kalaeloa, HI	149	166	66%
Mount Carmel, SC	149	78	-22%
Norman, NC	149	80	-20%

Source: The Norman, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.

Norman, NC Cost of Living