Troutman 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.
IndexTroutmanNorth CarolinaNational
Cost of living index9695100
IndexTroutmanNorth CarolinaNational
Goods & Services index102100100
Groceries index9499100
Health care index104105100
Housing index8987100
Transportation index9794100
Utilities index9297100

Did you know?

  • The cost of living in Troutman is equal to the North Carolina average.
  • The cost of living in Troutman is 4% lower than the national average.
  • The cost of housing in Troutman is 11% 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 Troutman, 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$53,359$4,447$1,245$1,601
Renters$38,393$3,199$896$1,152

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

ItemTroutmanNational avg.Difference
Haircut $16.25$15.564.4%
Beauty Salon $34.87$36.113.4%
Toothpaste $2.89$2.4716.8%
Shampoo $1.04$0.968.1%
Movie $10.55$10.134.2%
Bowling $5.57$4.7417.6%

Groceries

ItemTroutmanNational avg.Difference
Ground Beef $3.85$3.983.5%
Fried Chicken $1.34$1.415.0%
Milk $1.95$2.065.5%
Potatoes $3.05$2.982.3%
Pizza $9.09$9.474.1%
Beer $8.69$8.791.2%

Health Care

ItemTroutmanNational avg.Difference
Optometrist $114.36$101.0413.2%
Doctor $100.31$107.446.6%
Dentist $111.42$90.4223.2%
Ibuprofen $6.63$9.2828.5%
Lipitor $389.57$426.508.7%

Housing

ItemTroutmanNational avg.Difference
Home Price $158,100.00$175,700.0010.0%
Avg. Mortgage Payment $871.06$1,133.2323.1%
Apartment Rent $810.00$920.0012.0%

Transportation

ItemTroutmanNational avg.Difference
Gasoline $1.95$1.992.0%
Tire Balancing $43.26$45.765.5%

Utilities

ItemTroutmanNational avg.Difference
All Electricity$156.74$163.814.3%
Phone $25.00$28.3911.9%
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.
Stony Point, NC1,67480-20%
Catawba, NC70686-14%
Enochville, NC2,66490-10%
Cleveland, NC82287-13%
Kannapolis, NC43,86591-9%
Troutman, NC2,37996-4%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Crystal Lake, CT2,37813232%
Brownsville, PA2,37879-21%
Geneva, FL2,38011010%
Haw River, NC2,38088-12%
Wrangell, AK2,38311414%
Troutman, NC2,37996-4%
Source: The Troutman, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.