Roanoke Rapids 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.
IndexRoanoke RapidsNorth CarolinaNational
Cost of living index9197100
IndexRoanoke RapidsNorth CarolinaNational
Goods & Services index100101100
Groceries index100100100
Health care index99104100
Housing index7187100
Transportation index99102100
Utilities index98100100
A general summary of the cost of living index in Roanoke Rapids, NC is shown above. Compared to the state average of North Carolina the cost of living index in Roanoke Rapids, NC is 91, which is 6% lower than the average in North Carolina and compared to the national average it is 9% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Roanoke Rapids, NC goods and services come in at equal to the average in North Carolina and are equal to compared to the nationwide average.

Did you know?

  • The cost of living in Roanoke Rapids is 6% lower than the North Carolina average.
  • The cost of living in Roanoke Rapids is 9% lower than the national average.
  • The cost of housing in Roanoke Rapids is 29% 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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Compare Roanoke Rapids, NC Cost of living To Other Cities

Salary Calculator

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The salary calculator is used in order to provide a comparison of your current salary in Roanoke Rapids, NC to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Roanoke Rapids, NC, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Roanoke Rapids, NC salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$59,641$4,970$1,392$1,789
Renters$18,912$1,576$441$567
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Roanoke Rapids, NC, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Roanoke Rapids, NC has a median income of about $59,641 for people who own homes. Based on that number, a person should spend a maximum of $1,392 on expenses related to housing. Renters have a slightly different median income, which is $18,912. Based on this average, renters should spend no more than $441 on all of their rental costs if they want to maintain a non-impoverished standard of living.

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%
The North Carolina sales tax and North Carolina income tax rates should definitely be considered when determining the overall cost of living in Roanoke Rapids, NC. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The North Carolina sales tax is 4.75% and the maximum surtax is 7.5%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The North Carolina income tax rates range from 5.75% to 5.75%.

Goods & Services

ItemRoanoke RapidsNational 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

ItemRoanoke RapidsNational 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

ItemRoanoke RapidsNational 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

ItemRoanoke RapidsNational avg.Difference
Home Price $122,200.00$175,700.0030.4%
Avg. Mortgage Payment $797.74$1,081.0326.2%
Apartment Rent $678.00$920.0026.3%

Transportation

ItemRoanoke RapidsNational avg.Difference
Gasoline $2.22$2.096.3%
Tire Balancing $35.50$45.2921.6%

Utilities

ItemRoanoke RapidsNational 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.
South Weldon, NC82578-22%
Gaston, NC96282-18%
Littleton, NC55784-16%
South Rosemary, NC2,89884-16%
Seaboard, NC75684-16%
Roanoke Rapids, NC15,65391-9%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Kaukauna, WI15,64993-7%
Brunswick, GA15,64890-10%
Apollo Beach, FL15,6481066%
Sarasota Springs, FL15,6591011%
New Territory, TX15,6401088%
Roanoke Rapids, NC15,65391-9%
Source: The Roanoke Rapids, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.