Pinehurst 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.
IndexPinehurstNorth CarolinaNational
Cost of living index12095100
IndexPinehurstNorth CarolinaNational
Goods & Services index107100100
Groceries index9699100
Health care index105105100
Housing index16587100
Transportation index9494100
Utilities index9697100
A general overview of the cost of living index for Pinehurst, NC is displayed above. In Pinehurst, NC, the overall cost of living index is 120, which is 26% higher than the North Carolina average and 20% higher than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Pinehurst, NC, the city's goods and services are 6% higher than the North Carolina average and 7% higher than the U.S. average.

Did you know?

  • The cost of living in Pinehurst is 26% higher than the North Carolina average.
  • The cost of living in Pinehurst is 20% higher than the national average.
  • The cost of housing in Pinehurst is 65% 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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Salary Calculator

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Use the salary calculator to compare your current income in Pinehurst, NC to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Pinehurst, NC, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Pinehurst, NC salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$75,625$6,302$1,764$2,269
Renters$64,764$5,397$1,511$1,943
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Pinehurst, NC as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Pinehurst, NC homeowners, is $75,625. This would allow for a maximum of $1,764 per month to be spent on housing costs. For renters, the median monthly income is $64,764 which would result in a maximum of $1,511 to be spent on rental costs.

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%
For those who live in Pinehurst, NC and want to know what the true cost of living is, they ought to look at both the North Carolina income tax rate and the North Carolina sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In North Carolina, the sales tax is 4.75%, while the most you'll pay in surtax is 7.5%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in North Carolina, the income tax rate ranges between 5.75% to 5.75%.

Goods & Services

ItemPinehurstNational avg.Difference
Haircut $21.94$15.5640.9%
Beauty Salon $33.93$36.116.0%
Toothpaste $2.90$2.4717.5%
Shampoo $0.98$0.961.1%
Movie $10.95$10.138.2%
Bowling $7.61$4.7460.8%

Groceries

ItemPinehurstNational avg.Difference
Ground Beef $3.75$3.985.8%
Fried Chicken $1.70$1.4120.7%
Milk $1.96$2.065.3%
Potatoes $2.98$2.980.1%
Pizza $8.36$9.4711.8%
Beer $9.36$8.796.4%

Health Care

ItemPinehurstNational avg.Difference
Optometrist $110.99$101.049.8%
Doctor $101.25$107.445.8%
Dentist $105.89$90.4217.1%
Ibuprofen $8.70$9.286.2%
Lipitor $421.18$426.501.2%

Housing

ItemPinehurstNational avg.Difference
Home Price $283,900.00$175,700.0061.6%
Avg. Mortgage Payment $807.44$1,133.2328.7%
Apartment Rent $1,602.00$920.0074.1%

Transportation

ItemPinehurstNational avg.Difference
Gasoline $1.85$1.997.2%
Tire Balancing $44.22$45.763.4%

Utilities

ItemPinehurstNational avg.Difference
All Electricity$167.65$163.812.3%
Phone $24.96$28.3912.1%
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, StatePopulationCost of Living IndexNational Avg.
Norman, NC14980-20%
Hoffman, NC54885-15%
Candor, NC77583-17%
Cameron, NC35689-11%
Silver City, NC97789-11%
Pinehurst, NC15,05212020%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
River Falls, WI15,0501000%
Tonawanda, NY15,04882-18%
New Port Richey, FL15,06384-16%
The Dalles, OR15,0681066%
Mount Vernon, IL15,06983-17%
Pinehurst, NC15,05212020%
Source: The Pinehurst, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.