Southern Shores 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 ShoresNorth CarolinaNational
Cost of living index14797100
IndexSouthern ShoresNorth CarolinaNational
Goods & Services index117101100
Groceries index104100100
Health care index107104100
Housing index23187100
Transportation index99102100
Utilities index115100100

Did you know?

  • The cost of living in Southern Shores is 52% higher than the North Carolina average.
  • The cost of living in Southern Shores is 47% higher than the national average.
  • The cost of housing in Southern Shores is 131% 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 Shores, 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$89,545$7,462$2,089$2,687
Renters$33,500$2,792$782$1,005

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

ItemSouthern ShoresNational avg.Difference
Haircut $12.50$14.5914.3%
Beauty Salon $35.00$34.680.9%
Toothpaste $2.59$2.474.7%
Shampoo $1.24$1.0221.3%
Movie $11.00$9.8711.5%
Bowling $6.50$4.3948.0%

Groceries

ItemSouthern ShoresNational avg.Difference
Ground Beef $4.53$4.481.2%
Fried Chicken $1.38$1.465.7%
Milk $2.60$2.3610.3%
Potatoes $3.35$3.069.4%
Pizza $8.00$9.2413.4%
Beer $8.62$8.630.1%

Health Care

ItemSouthern ShoresNational avg.Difference
Optometrist $96.67$99.783.1%
Doctor $127.50$105.0321.4%
Dentist $95.00$88.707.1%
Ibuprofen $8.20$9.4112.9%
Lipitor $300.00$298.500.5%

Housing

ItemSouthern ShoresNational avg.Difference
Home Price $450,200.00$175,700.00156.2%
Avg. Mortgage Payment $1,197.04$1,081.0310.7%
Apartment Rent $1,590.00$920.0072.8%

Transportation

ItemSouthern ShoresNational avg.Difference
Gasoline $2.16$2.093.2%
Tire Balancing $39.98$45.2911.7%

Utilities

ItemSouthern ShoresNational avg.Difference
All Electricity$168.37$170.801.4%
Phone $38.78$28.2637.2%
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.
Kill Devil Hills, NC6,81011919%
Kitty Hawk, NC3,33812525%
Nags Head, NC2,79812828%
Duck, NC49715757%
Southern Shores, NC2,75914747%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Manchester, PA2,75997-3%
Kingston Springs, TN2,7591011%
La Blanca, TX2,75968-32%
Belleville, WI2,7591022%
Elkins, AR2,75988-12%
Southern Shores, NC2,75914747%
Source: The Southern Shores, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.