Red Oak 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.
IndexRed OakNorth CarolinaNational
Cost of living index10597100
IndexRed OakNorth CarolinaNational
Goods & Services index100101100
Groceries index100100100
Health care index99104100
Housing index11987100
Transportation index99102100
Utilities index98100100

Did you know?

  • The cost of living in Red Oak is 9% higher than the North Carolina average.
  • The cost of living in Red Oak is 5% higher than the national average.
  • The cost of housing in Red Oak is 19% 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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Compare Red Oak, NC Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$71,373$5,948$1,665$2,141
Renters$36,250$3,021$846$1,088

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

ItemRed OakNational avg.Difference
Haircut $18.57$14.5927.3%
Beauty Salon $40.57$34.6817.0%
Toothpaste $2.44$2.471.3%
Shampoo $1.01$1.021.2%
Movie $9.86$9.870.1%
Bowling $4.44$4.391.1%

Groceries

ItemRed OakNational avg.Difference
Ground Beef $4.69$4.484.8%
Fried Chicken $1.35$1.467.8%
Milk $2.50$2.366.1%
Potatoes $3.64$3.0618.9%
Pizza $9.27$9.240.3%
Beer $8.62$8.630.1%

Health Care

ItemRed OakNational avg.Difference
Optometrist $98.75$99.781.0%
Doctor $95.79$105.038.8%
Dentist $98.29$88.7010.8%
Ibuprofen $9.61$9.412.1%
Lipitor $258.40$298.5013.4%

Housing

ItemRed OakNational avg.Difference
Home Price $213,900.00$175,700.0021.7%
Avg. Mortgage Payment $797.74$1,081.0326.2%
Apartment Rent $1,047.00$920.0013.8%

Transportation

ItemRed OakNational avg.Difference
Gasoline $2.22$2.096.3%
Tire Balancing $35.50$45.2921.6%

Utilities

ItemRed OakNational avg.Difference
All Electricity$147.80$170.8013.5%
Phone $31.99$28.2613.2%
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.
Castalia, NC28581-19%
Hollister, NC1,16684-16%
Enfield, NC2,28285-15%
Spring Hope, NC1,20585-15%
Whitakers, NC91686-14%
Red Oak, NC3,4401055%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Kilauea, HI3,44118787%
Germantown Hills, IL3,4391066%
Skyline View, PA3,4391099%
Level Park-Oak Park, MI3,43883-17%
Granite Hills, CA3,43815555%
Red Oak, NC3,4401055%
Source: The Red Oak, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.