Five Points 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.
IndexFive PointsNorth CarolinaNational
Cost of living index9795100
IndexFive PointsNorth CarolinaNational
Goods & Services index90101100
Groceries index9398100
Health care index98108100
Housing index10885100
Transportation index9494100
Utilities index9198100
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Did you know?

  • The cost of living in Five Points is 2% higher than the North Carolina average.
  • The cost of living in Five Points is 3% lower than the national average.
  • The cost of housing in Five Points is 8% higher than the national average.
  • North Carolina general sales tax is 7% lower than the national average.
  • North Carolina state income tax is 136% higher than the national average.

Compare Five Points, NC Cost of living To Other Cities

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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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$75,250$6,271$1,756$2,258
      Renters$39,625$3,302$925$1,189

      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

      ItemFive PointsNational avg.Difference
      Haircut $12.50$17.4928.5%
      Beauty Salon $33.50$38.1712.2%
      Toothpaste $1.75$2.3224.5%
      Shampoo $0.90$1.0111.4%
      Movie $13.04$10.7221.6%
      Bowling $4.66$13.8666.4%

      Groceries

      ItemFive PointsNational avg.Difference
      Ground Beef $3.41$3.9012.5%
      Fried Chicken $1.22$1.4012.8%
      Milk $2.42$1.9623.3%
      Potatoes $2.95$3.187.3%
      Pizza $8.49$10.3918.3%
      Beer $8.77$9.235.0%

      Health Care

      ItemFive PointsNational avg.Difference
      Optometrist $104.06$106.342.1%
      Doctor $80.00$115.2530.6%
      Dentist $105.00$98.386.7%
      Ibuprofen $8.57$9.267.5%
      Lipitor $441.08$466.475.4%

      Housing

      ItemFive PointsNational avg.Difference
      Home Price $207,100.00$184,700.0012.1%
      Avg. Mortgage Payment $1,239.64$1,273.322.6%
      Apartment Rent $935.00$949.001.5%

      Transportation

      ItemFive PointsNational avg.Difference
      Gasoline $2.24$2.5913.7%
      Tire Balancing $38.33$48.9021.6%

      Utilities

      ItemFive PointsNational avg.Difference
      All Electricity$144.16$167.6014.0%
      Phone $27.99$163.4282.9%
      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.
      Dundarrach, NC4697-3%
      Bowmore, NC4697-3%
      Old Hundred, NC32581-19%
      Laurel Hill, NC1,07084-16%
      Red Springs, NC3,45681-19%
      Five Points, NC59697-3%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Heart Butte, MT59680-20%
      Mosier, OR59691-9%
      Clarks Grove, MN59683-17%
      Myrtle Springs, TX59689-11%
      Alberton, MT59692-8%
      Five Points, NC59697-3%
      Source: The Five Points, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.