Walnut Cove 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.
IndexWalnut CoveNorth CarolinaNational
Cost of living index9194100
IndexWalnut CoveNorth CarolinaNational
Goods & Services index9898100
Groceries index9998100
Health care index115107100
Housing index6485100
Transportation index11098100
Utilities index11096100

Did you know?

  • The cost of living in Walnut Cove is 4% lower than the North Carolina average.
  • The cost of living in Walnut Cove is 9% lower than the national average.
  • The cost of housing in Walnut Cove is 36% 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 Walnut Cove, 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$57,955$4,830$1,352$1,739
Renters$22,961$1,913$536$689

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

ItemWalnut CoveNational avg.Difference
Haircut $21.09$16.0931.1%
Beauty Salon $42.13$37.3312.9%
Toothpaste $2.46$2.450.4%
Shampoo $1.33$1.0032.9%
Movie $10.48$10.281.9%
Bowling $4.87$4.931.3%

Groceries

ItemWalnut CoveNational avg.Difference
Ground Beef $3.37$3.8011.3%
Fried Chicken $1.58$1.4013.4%
Milk $1.67$2.0116.8%
Potatoes $3.42$3.0113.6%
Pizza $9.06$9.898.4%
Beer $8.65$8.902.7%

Health Care

ItemWalnut CoveNational avg.Difference
Optometrist $122.89$102.1620.3%
Doctor $129.71$108.3619.7%
Dentist $113.03$92.5322.2%
Ibuprofen $9.01$9.282.9%
Lipitor $420.49$425.821.3%

Housing

ItemWalnut CoveNational avg.Difference
Home Price $116,700.00$184,700.0036.8%
Avg. Mortgage Payment $783.13$1,202.4434.9%
Apartment Rent $619.00$949.0034.8%

Transportation

ItemWalnut CoveNational avg.Difference
Gasoline $2.20$2.242.0%
Tire Balancing $62.94$46.2936.0%

Utilities

ItemWalnut CoveNational avg.Difference
All Electricity$155.87$165.966.1%
Phone $37.04$28.6829.1%
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.
Mayodan, NC2,76077-23%
Stoneville, NC1,24378-22%
Germanton, NC85889-11%
Madison, NC2,25980-20%
Rural Hall, NC3,07992-8%
Walnut Cove, NC1,56591-9%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Oxford, ME1,56593-7%
Fairmount Heights, MD1,56511818%
Mount Carroll, IL1,56581-19%
Sistersville, WV1,56583-17%
Hamilton, IN1,56493-7%
Walnut Cove, NC1,56591-9%
Source: The Walnut Cove, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.