B
Overall 11%
Goods & Services 2%
Housing 28%
Date & Last Updated: This data reflects 2020 and was released from C2ER in January, 2021; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexArchdaleNorth CarolinaNational
Cost of living8995100
Goods & Services98100100
Groceries9898100
Health care119108100
Housing7285100
Transportation7598100
Utilities9698100

Key findings

  • The cost of living in Archdale is 7% lower than the North Carolina average
  • The cost of living in Archdale is 11% lower than the national average
  • Archdale housing is 28% lower than the national average
  • North Carolina general sales tax is 7% lower than the national average
  • North Carolina state income tax is 113% higher than the national average

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Compare Archdale, NC Cost of Living

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      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$65,150$5,429$1,520$1,955
      Renters$35,269$2,939$823$1,058
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Archdale, NC, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Archdale homeowners, is $65,150. This would allow for a maximum of $1,520 per month to be spent on housing costs. For renters, the median monthly income is $35,269 which would result in a maximum of $823 to be spent on rental costs.

      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 Carolina5.25%5.25%

      Goods & Services

      ItemArchdaleNational avg.Difference
      Haircut $11.86$18.6236.3%
      Beauty Salon $29.33$39.0524.9%
      Toothpaste $1.89$2.3419.1%
      Shampoo $1.07$1.061.0%
      Movie $6.00$10.6843.8%
      Bowling $24.00$14.6763.6%

      Groceries

      ItemArchdaleNational avg.Difference
      Ground Beef $3.87$4.228.2%
      Fried Chicken $1.12$1.3919.2%
      Milk $1.74$2.0515.1%
      Potatoes $3.76$3.2914.2%
      Pizza $11.32$10.626.6%
      Beer $10.41$9.3810.9%

      Health Care

      ItemArchdaleNational avg.Difference
      Optometrist $145.56$108.5734.1%
      Doctor $168.89$116.1745.4%
      Dentist $115.83$99.1316.8%
      Ibuprofen $9.74$9.680.6%
      Lipitor $417.47$466.9210.6%

      Housing

      ItemArchdaleNational avg.Difference
      Home Price $134,600.00$184,700.0027.1%
      Avg. Mortgage Payment $852.54$1,197.4228.8%
      Apartment Rent $655.00$949.0031.0%

      Transportation

      ItemArchdaleNational avg.Difference
      Gasoline $2.11$2.225.2%
      Tire Balancing $15.62$50.0768.8%

      Utilities

      ItemArchdaleNational avg.Difference
      All Electricity$158.18$167.675.7%
      Phone $179.92$175.642.4%
      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.
      Randleman, NC4,14085-15%
      Asheboro, NC25,97885-15%
      Thomasville, NC27,17886-14%
      Trinity, NC6,65189-11%
      High Point, NC108,98294-6%
      Archdale, NC11,48389-11%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Richfield, WI11,48311010%
      Excelsior Springs, MO11,48088-12%
      Cheney, WA11,4791033%
      Lake Wylie, SC11,47211515%
      Fenton, MI11,47194-6%
      Archdale, NC11,48389-11%
      Source: The Archdale, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2020.