Cost Of Living in Carthage, NC

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A+

9%

Overall NAT. AVG.

4%

Goods & Services NAT. AVG.

22%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; 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.
Index	Carthage	North Carolina	National
Cost of living	91	94	100
Goods & Services	96	98	100
Groceries	100	98	100
Health care	104	108	100
Housing	78	85	100
Transportation	93	92	100
Utilities	91	94	100

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Cost Of Living Quick Facts

The cost of living in Carthage is 3% lower than the North Carolina average
The cost of living in Carthage is 9% lower than the national average
Carthage housing is 22% lower than the national average
North Carolina general sales tax is 7% lower than the national average
North Carolina state income tax is 83% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$60,208	$5,017	$1,405	$1,806
Renters	$20,395	$1,700	$476	$612

North Carolina Sales Tax

State	General Sales Tax	With Max Surtax
North Carolina	4.75%	7.5%

North Carolina Income Tax

State	Income Tax (Low)	Income Tax (High)
North Carolina	4.75%	4.75%

Goods & Services

Item	Carthage	National avg.	Difference
Haircut	$28.20	$24.26	16.2%
Beauty Salon	$50.33	$45.56	10.5%
Toothpaste	$3.85	$3.70	3.9%
Shampoo	$1.33	$1.28	4.1%
Movie	$12.19	$12.13	0.4%
Bowling	$20.00	$18.00	11.1%

Groceries

Item	Carthage	National avg.	Difference
Ground Beef	$6.28	$5.84	7.6%
Fried Chicken	$1.36	$1.57	13.2%
Milk	$4.64	$4.67	0.7%
Potatoes	$4.99	$4.93	1.1%
Pizza	$10.73	$12.09	11.3%
Beer	$10.46	$10.41	0.4%

Health Care

Item	Carthage	National avg.	Difference
Optometrist	$126.46	$125.68	0.6%
Doctor	$146.71	$135.78	8.1%
Dentist	$136.77	$113.29	20.7%
Ibuprofen	$10.94	$10.65	2.7%
Lipitor	$385.26	$468.60	17.8%

Housing

Item	Carthage	National avg.	Difference
Home Price	$144,700.00	$184,700.00	21.7%
Avg. Mortgage Payment	$2,475.99	$2,346.69	5.5%
Apartment Rent	$747.00	$949.00	21.3%

Transportation

Item	Carthage	National avg.	Difference
Gasoline	$3.32	$3.46	4.1%
Tire Balancing	$42.85	$59.92	28.5%

Utilities

Item	Carthage	National avg.	Difference
All Electricity	$161.71	$193.99	16.6%
Phone	$186.82	$192.25	2.8%

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	Population	Cost of Living Index	National Avg.
Robbins, NC	1,615	81	19.1%
Cameron, NC	476	88	11.8%
Sanford, NC	29,758	91	8.8%
Vass, NC	906	94	5.7%
Taylortown, NC	1,054	95	5.3%
Carthage, NC	2,518	91	9.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Dover, MA	2,518	244	143.6%
New Hope, PA	2,518	144	44.1%
Enon, OH	2,517	94	5.5%
Kirbyville, TX	2,519	86	13.7%
Lake Meade, PA	2,516	110	10.3%
Carthage, NC	2,518	91	9.1%