Southern Pines 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.
IndexSouthern PinesNorth CarolinaNational
Cost of living index10795100
IndexSouthern PinesNorth CarolinaNational
Goods & Services index107100100
Groceries index9699100
Health care index105105100
Housing index12287100
Transportation index9494100
Utilities index9697100
A general overview of the cost of living index for Southern Pines, NC is displayed above. In Southern Pines, NC, the overall cost of living index is 107, which is 13% higher than the North Carolina average and 7% 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 Southern Pines, 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 Southern Pines is 13% higher than the North Carolina average.
  • The cost of living in Southern Pines is 7% higher than the national average.
  • The cost of housing in Southern Pines is 22% 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 Southern Pines, NC Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Southern Pines, 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 Southern Pines, NC, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Southern Pines, 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$72,542$6,045$1,693$2,176
Renters$22,583$1,882$527$678
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Southern Pines, NC, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Southern Pines, NC homeowners have a median income of $72,542. Using that number, you will come up with a maximum of $1,693 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $22,583, which means there is a maximum of $527 to be spent on the costs of renting a home or apartment.

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 Southern Pines, 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

ItemSouthern PinesNational 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

ItemSouthern PinesNational 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

ItemSouthern PinesNational 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

ItemSouthern PinesNational avg.Difference
Home Price $246,800.00$175,700.0040.5%
Avg. Mortgage Payment $807.44$1,133.2328.7%
Apartment Rent $723.00$920.0021.4%

Transportation

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

Utilities

ItemSouthern PinesNational 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.
Hoffman, NC54885-15%
Cameron, NC35689-11%
Silver City, NC97789-11%
Vass, NC60491-9%
Ashley Heights, NC33792-8%
Southern Pines, NC12,7821077%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Athens, TX12,78284-16%
McFarland, CA12,7841000%
Sylacauga, AL12,78683-17%
Key Biscayne, FL12,774201101%
Fulton, MO12,79188-12%
Southern Pines, NC12,7821077%
Source: The Southern Pines, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.