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.
The above illustration supplies generalized information for the East Rockingham, NC cost of living index. Compared to other cities in North Carolina and cities across the country, the cost of living index in East Rockingham, NC is 81, which is 14% lower than the North Carolina average and 19% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in East Rockingham, NC are 3% higher than the average for North Carolina and 1% higher than the rest of the country.
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Did you know?
The cost of living in East Rockingham is 14% lower than the North Carolina average.
The cost of living in East Rockingham is 19% lower than the national average.
The cost of housing in East Rockingham is 61% 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.
Compare East Rockingham, NC Cost of living To Other Cities
This is how much you would need to earn in Price difference in compared to
Cost of living index
Goods & Services index
Health care index
The salary calculator is used in order to provide a comparison of your current salary in East Rockingham, NC to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to East Rockingham, NC, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the East Rockingham, NC salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.
Median Income & Debt-To-Income Ratio
Max Budget (28% DTI)
Max Budget (36% DTI)
How much of your monthly income goes to housing can tell you whether or not you can afford housing in East Rockingham, NC, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In East Rockingham, NC homeowners have a median income of $30,106. Using that number, you will come up with a maximum of $702 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $11,250, which means there is a maximum of $262 to be spent on the costs of renting a home or apartment.
North Carolina Sales Tax
General Sales Tax
With Max Surtax
North Carolina Income Tax
Income Tax (Low)
Income Tax (High)
One thing to keep in mind when considering the cost of living in East Rockingham, NC is the North Carolina sales tax and North Carolina income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The North Carolina sales tax rate is 4.75% and the maximum surtax that can be charged is 7.5%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The North Carolina income tax rates range from 5.75% to 5.75%.
Goods & Services
Avg. Mortgage Payment
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.