Cost of Living in Elroy, NC

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12%
Overall NAT. AVG.
0%
Groceries NAT. AVG.
37%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Elroy North Carolina National
Cost of living8896100
Groceries100100100
Health care9899100
Housing6388100
Transportation9999100
Utilities9899100
Lifestyle & Entertainment97100100
Household Items98100100
Education & Childcare103100100
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Homes For Sale In Elroy, NC

property for sale

304 Sandy Springs Dr

Goldsboro, NC
property for sale

Spring Bank Rd

Goldsboro, NC
property for sale

103 Sandy Spring Dr

Goldsboro, NC
property for sale

161 Grant Dr

Goldsboro, NC

Cost Of Living Quick Facts

  • The cost of living in Elroy is 8% lower than the North Carolina average
  • The cost of living in Elroy is 12% lower than the national average
  • Elroy housing is 37% 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

Most Affordable Places to Live in and Around Elroy

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$98,748$8,229$2,304$2,963
      Renters$43,810$3,651$1,022$1,314
      A good indicator of the general affordability of housing in Elroy, NC, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Elroy, the median monthly income is $98,748 for those who own their own homes. Under the standard rule, that income level would allow for $2,304 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $43,810, per the median income in the area. That would allow for renters to spend up to $1,022 on monthly rental expenses.

      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%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Faison, NC1,2178316.6%
      Calypso, NC6638415.7%
      Brogden, NC2,3648514.8%
      Fremont, NC1,0178614.2%
      Snow Hill, NC2,3198613.6%
      Elroy, NC4,2638811.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Winona, MS4,2638316.7%
      Noyack, NY4,26318585.2%
      Lake Darby, OH4,2631021.7%
      Burgaw, NC4,262973.5%
      Rising Sun-Lebanon, DE4,26411515.3%
      Elroy, NC4,2638811.9%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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