Five Points 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.
IndexFive PointsRaleighNorth Carolina
Cost of living index13710594
IndexFive PointsRaleighNorth Carolina
Goods & Services index10110198
Groceries index10610698
Health care index101101107
Housing index22011385
Transportation index10010098
Utilities index989896

Did you know?

  • The cost of living in Five Points is 45% higher than the Raleigh average.
  • The cost of living in Five Points is 37% higher than the national average.
  • The cost of housing in Five Points is 120% 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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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Household$107,650$8,971$2,512$3,230

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

ItemRaleighNational avg.Difference
Haircut $19.49$16.0921.1%
Beauty Salon $51.86$37.3338.9%
Toothpaste $2.65$2.458.3%
Shampoo $1.03$1.002.7%
Movie $9.93$10.283.4%
Bowling $5.64$4.9314.3%

Groceries

ItemRaleighNational avg.Difference
Ground Beef $3.85$3.801.2%
Fried Chicken $1.69$1.4020.9%
Milk $2.00$2.010.3%
Potatoes $3.53$3.0117.1%
Pizza $10.82$9.899.5%
Beer $9.11$8.902.3%

Health Care

ItemRaleighNational avg.Difference
Optometrist $103.10$102.160.9%
Doctor $99.19$108.368.5%
Dentist $98.93$92.536.9%
Ibuprofen $8.66$9.286.7%
Lipitor $444.08$425.824.3%

Housing

ItemRaleighNational avg.Difference
Home Price $218,200.00$184,700.0018.1%
Avg. Mortgage Payment $940.37$1,202.4421.8%
Apartment Rent $966.00$949.001.8%

Transportation

ItemRaleighNational avg.Difference
Gasoline $2.26$2.240.7%
Tire Balancing $45.39$46.291.9%

Utilities

ItemRaleighNational avg.Difference
All Electricity$143.51$165.9613.5%
Phone $31.92$28.6811.3%
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.
Garner, NC27,62599-1%
Clayton, NC18,55399-1%
Knightdale, NC13,7871000%
Durham, NC251,76195-5%
Fuquay-Varina, NC22,7221044%
Raleigh, NC441,3261055%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Omaha, NE443,07289-11%
Colorado Springs, CO448,7591000%
Virginia Beach, VA449,73311818%
Miami, FL432,6221099%
Atlanta, GA456,3781055%
Raleigh, NC441,3261055%
Source: The Five Points, Raleigh, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.