Chimney Rock Village 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.
IndexChimney Rock VillageNorth CarolinaNational
Cost of living index10194100
IndexChimney Rock VillageNorth CarolinaNational
Goods & Services index9798100
Groceries index9498100
Health care index101107100
Housing index11085100
Transportation index9698100
Utilities index10496100

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Did you know?

  • The cost of living in Chimney Rock Village is 7% higher than the North Carolina average.
  • The cost of living in Chimney Rock Village is 1% higher than the national average.
  • The cost of housing in Chimney Rock Village is 10% 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 Chimney Rock Village, 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$59,375$4,948$1,385$1,781
Renters$22,250$1,854$519$668

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

ItemChimney Rock VillageNational avg.Difference
Haircut $18.68$16.0916.1%
Beauty Salon $36.55$37.332.1%
Toothpaste $2.18$2.4510.9%
Shampoo $0.98$1.001.8%
Movie $10.65$10.283.6%
Bowling $5.08$4.933.0%

Groceries

ItemChimney Rock VillageNational avg.Difference
Ground Beef $3.94$3.803.6%
Fried Chicken $1.18$1.4015.4%
Milk $1.89$2.015.6%
Potatoes $2.79$3.017.3%
Pizza $11.26$9.8913.9%
Beer $8.51$8.904.4%

Health Care

ItemChimney Rock VillageNational avg.Difference
Optometrist $85.89$102.1615.9%
Doctor $94.49$108.3612.8%
Dentist $113.79$92.5323.0%
Ibuprofen $7.75$9.2816.5%
Lipitor $394.01$425.827.5%

Housing

ItemChimney Rock VillageNational avg.Difference
Home Price $235,700.00$184,700.0027.6%
Avg. Mortgage Payment $1,241.63$1,202.443.3%
Apartment Rent $665.00$949.0029.9%

Transportation

ItemChimney Rock VillageNational avg.Difference
Gasoline $2.20$2.241.9%
Tire Balancing $42.52$46.298.2%

Utilities

ItemChimney Rock VillageNational avg.Difference
All Electricity$159.88$165.963.7%
Phone $32.47$28.6813.2%
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.
Old Fort, NC1,13681-19%
Fruitland, NC2,49082-18%
Flat Rock CDP, NC1,43582-18%
Gerton, NC28785-15%
West Marion, NC1,44787-13%
Chimney Rock Village, NC981011%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Promise City, IA9873-27%
East Peru, IA9876-24%
Severance, KS9874-26%
Northway Village, AK9811313%
Geneva, GA9883-17%
Chimney Rock Village, NC981011%
Source: The Chimney Rock Village, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.