Northwest 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.
IndexNorthwestNorth CarolinaNational
Cost of living index8995100
IndexNorthwestNorth CarolinaNational
Goods & Services index99100100
Groceries index10399100
Health care index113105100
Housing index6187100
Transportation index10194100
Utilities index10097100

Did you know?

  • The cost of living in Northwest is 7% lower than the North Carolina average.
  • The cost of living in Northwest is 11% lower than the national average.
  • The cost of housing in Northwest is 39% 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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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$48,264$4,022$1,126$1,448
Renters$15,278$1,273$356$458

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

ItemNorthwestNational avg.Difference
Haircut $14.22$15.568.6%
Beauty Salon $41.53$36.1115.0%
Toothpaste $2.12$2.4714.3%
Shampoo $1.00$0.963.3%
Movie $11.29$10.1311.5%
Bowling $3.90$4.7417.7%

Groceries

ItemNorthwestNational avg.Difference
Ground Beef $4.72$3.9818.5%
Fried Chicken $1.36$1.413.1%
Milk $1.97$2.064.5%
Potatoes $3.34$2.9812.0%
Pizza $9.13$9.473.6%
Beer $8.69$8.791.1%

Health Care

ItemNorthwestNational avg.Difference
Optometrist $110.28$101.049.1%
Doctor $140.44$107.4430.7%
Dentist $101.50$90.4212.3%
Ibuprofen $8.83$9.284.9%
Lipitor $427.77$426.500.3%

Housing

ItemNorthwestNational avg.Difference
Home Price $88,200.00$175,700.0049.8%
Avg. Mortgage Payment $958.55$1,133.2315.4%
Apartment Rent $796.00$920.0013.5%

Transportation

ItemNorthwestNational avg.Difference
Gasoline $1.96$1.991.6%
Tire Balancing $48.95$45.767.0%

Utilities

ItemNorthwestNational avg.Difference
All Electricity$167.71$163.812.4%
Phone $28.00$28.391.4%
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.
Blue Clay Farms, NC111011%
Kelly, NC63181-19%
East Arcadia, NC48382-18%
Delco, NC26684-16%
Bolton, NC72685-15%
Northwest, NC88189-11%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Adair Village, OR88111313%
Grantwood Village, MO88112727%
Lansing, IA88187-13%
Mendon, MI88179-21%
Boothbay Harbor, ME8811099%
Northwest, NC88189-11%
Source: The Northwest, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.