Cost of Living in Franklinville, NC

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14%
Overall NAT. AVG.
2%
Goods & Services NAT. AVG.
44%
Housing NAT. AVG.
Date & Last Updated: This data reflects 2025 and was released from C2ER in January, 2026; 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 Franklinville North Carolina National
Cost of living8696100
Goods & Services98101100
Groceries99100100
Health care105110100
Housing5688100
Transportation9894100
Utilities9594100
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Homes For Sale In Franklinville, NC

property for sale

3750 NC Highway 22 N

Franklinville, NC
property for sale

518 E Main St

Franklinville, NC
property for sale

952 Andrew Hunter Rd

Franklinville, NC
property for sale

2385 Clacie Ln

Liberty, NC

Cost Of Living Quick Facts

  • The cost of living in Franklinville is 11% lower than the North Carolina average
  • The cost of living in Franklinville is 14% lower than the national average
  • Franklinville housing is 44% 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 Franklinville

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Compare Franklinville, NC Cost of Living

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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
      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$79,437$6,620$1,853$2,383
      Renters$33,472$2,789$781$1,004

      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 Franklinville National avg. Difference
      Haircut $34.57$27.6225.2%
      Beauty Salon $59.78$51.1117.0%
      Toothpaste $3.94$4.093.7%
      Shampoo $1.60$1.543.8%
      Movie $14.19$12.8810.2%
      Yoga $20.85$19.666.0%

      Groceries

      Item Franklinville National avg. Difference
      Ground Beef $7.80$7.701.2%
      Fried Chicken $1.65$1.660.7%
      Milk $4.71$4.730.5%
      Potatoes $4.88$5.267.2%
      Pizza $12.08$12.765.3%
      Beer $10.18$10.553.5%

      Health Care

      Item Franklinville National avg. Difference
      Optometrist $141.54$140.061.1%
      Doctor $174.95$153.8213.7%
      Dentist $118.79$123.153.5%
      Ibuprofen $11.99$11.732.2%
      Lipitor $24.69$23.614.6%

      Housing

      Item Franklinville National avg. Difference
      Home Price $148,680.00$326,622.0054.5%
      Avg. Mortgage Payment $2,009.47$2,480.2519.0%
      Apartment Rent $1,156.00$1,444.0019.9%

      Transportation

      Item Franklinville National avg. Difference
      Gasoline $2.84$3.067.0%
      Tire Balancing $72.45$65.2111.1%

      Utilities

      Item Franklinville National avg. Difference
      All Electricity $203.71$220.127.5%
      Phone $191.73$195.712.0%
      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.
      Bennett, NC3621000.3%
      Ramseur, NC2,1218614.1%
      Liberty, NC2,7548811.8%
      Siler City, NC8,418919.3%
      Asheboro, NC26,4308910.7%
      Franklinville, NC1,4828614.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Perryville, AR1,4827623.5%
      Richton, MS1,4828614.1%
      Chute-aux-Outardes, QC1,482n/a 
      Babson Park, FL1,4818713.1%
      Kincaid, IL1,4818416.3%
      Franklinville, NC1,4828614.5%
      Date & Last Updated: This data reflects 2025 and was released from C2ER in January, 2026; this is the most current data available.
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