Cost Of Living In South, Raleigh, NC

South 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	South	Raleigh	North Carolina
Cost of living index	97	106	95
Index	South	Raleigh	North Carolina
Goods & Services index	106	106	100
Groceries index	113	113	99
Health care index	104	104	105
Housing index	83	112	87
Transportation index	92	92	94
Utilities index	97	97	97

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The cost of living in South is 2% higher than the Raleigh average.
The cost of living in South is 3% lower than the national average.
The cost of housing in South is 17% 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)
Household	$43,236	$3,603	$1,009	$1,297

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	Raleigh	National avg.	Difference
Haircut	$19.33	$15.56	24.2%
Beauty Salon	$46.08	$36.11	27.6%
Toothpaste	$2.96	$2.47	19.6%
Shampoo	$1.12	$0.96	16.4%
Movie	$11.39	$10.13	12.4%
Bowling	$4.90	$4.74	3.5%

Groceries

Item	Raleigh	National avg.	Difference
Ground Beef	$3.99	$3.98	0.1%
Fried Chicken	$1.70	$1.41	20.8%
Milk	$2.05	$2.06	0.7%
Potatoes	$3.82	$2.98	28.2%
Pizza	$10.85	$9.47	14.6%
Beer	$9.88	$8.79	12.4%

Health Care

Item	Raleigh	National avg.	Difference
Optometrist	$99.33	$101.04	1.7%
Doctor	$100.00	$107.44	6.9%
Dentist	$102.03	$90.42	12.8%
Ibuprofen	$9.13	$9.28	1.6%
Lipitor	$444.00	$426.50	4.1%

Housing

Item	Raleigh	National avg.	Difference
Home Price	$205,200.00	$175,700.00	16.8%
Avg. Mortgage Payment	$760.15	$1,133.23	32.9%
Apartment Rent	$914.00	$920.00	0.7%

Transportation

Item	Raleigh	National avg.	Difference
Gasoline	$1.90	$1.99	4.5%
Tire Balancing	$37.83	$45.76	17.3%

Utilities

Item	Raleigh	National avg.	Difference
All Electricity	$139.48	$163.81	14.9%
Phone	$31.99	$28.39	12.7%

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.
Wilson's Mills, NC	2,823	93	-7%
Smithfield, NC	11,357	95	-5%
Archer Lodge, NC	4,441	96	-4%
Wendell, NC	6,085	97	-3%
Clayton, NC	17,274	101	1%
Raleigh, NC	423,287	106	6%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Miami, FL	416,432	107	7%
Colorado Springs, CO	433,547	99	-1%
Omaha, NE	435,454	90	-10%
Atlanta, GA	440,641	106	6%
Oakland, CA	402,339	146	46%
Raleigh, NC	423,287	106	6%

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

South, Raleigh, NC Cost of Living