| Index | High Point | North Carolina | National |
| Cost of living | 95 | 96 | 100 |
| Groceries | 98 | 100 | 100 |
| Health care | 102 | 99 | 100 |
| Housing | 88 | 88 | 100 |
| Transportation | 98 | 99 | 100 |
| Utilities | 98 | 99 | 100 |
| Lifestyle & Entertainment | 97 | 100 | 100 |
| Household Items | 99 | 100 | 100 |
| Education & Childcare | 96 | 100 | 100 |
Understanding the cost of living in High Point can help future residents assess whether their current financial situation aligns with the expenses they will encounter. It enables them to plan for potential changes in their budget and lifestyle. The High Point cost of living index is 95, which is 5% lower than the national average. The cost of living index is calculated by taking into account multiple categories, which encompass both the cost of everyday expenditures and larger expenses as well.
Everyday expenditures like food, housing, lifestyle expenses, transportation and health care in High Point are priced in a manner consistent with other areas. This means that residents of High Point can anticipate their daily expenses remaining reasonably similar to those in an average city, thereby supporting a manageable cost of living.
Wondering if High Point is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In High Point, for example, the median home price is 13.1% lower than what folks pay nationally, and monthly rent is 9.1% lower than the usual rates. Plus, income levels matter too, with High Point boasting a median household income of $72,771, which is 10.5% lower than the national average.
Healthcare: Healthcare expenditures and insurance premium rates can vary significantly, contingent upon the particular city or state. Factors such as the accessibility of healthcare facilities, out-of-pocket expenses for doctor's appointments, dental care charges, prescription medication costs, and expenses related to specialized medical care can all have an impact on the overall cost of living. In High Point, healthcare costs are 2% higher than the national average.
Transportation: When public transportation options are limited or non-existent, residents frequently resort to vehicle ownership, which can significantly contribute to the overall cost of living. Monthly financial obligations encompass fuel, insurance, regular maintenance and potentially lease or financing expenses. In High Point, the transportation index is 1.8% lower than the national average.
Utilities: Much like any other costs, utility expenses can exhibit considerable variations, influenced by factors such as climate, available energy sources, geographic location and state regulations. The costs associated with electricity, water, heating, and waste disposal can vary significantly depending on the city or state in question. In High Point, the utilities index stands at 1.6% lower than the national average.
The cost of living estimates displayed for High Point are modeled using a U.S. average baseline of 100, helping provide a useful comparison of local living expenses. Housing calculations include U.S. Census home price and rental data, while all other values are AI-assisted estimates based on regional cost patterns, climate, transportation, and everyday spending expectations. These values are intended for directional comparisons across cities.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $105,347 | $8,779 | $2,458 | $3,161 |
| Renters | $47,795 | $3,983 | $1,115 | $1,434 |
| State | General Sales Tax | With Max Surtax |
| North Carolina | 4.75% | 7.5% |
| State | Income Tax (Low) | Income Tax (High) |
| North Carolina | 4.75% | 4.75% |
| City | Population | Cost of Living Index | National Avg. |
| Lexington, NC | 19,386 | 89 | 11.3% |
| Thomasville, NC | 27,805 | 89 | 11.0% |
| Randleman, NC | 4,275 | 90 | 10.2% |
| Welcome, NC | 3,125 | 91 | 8.9% |
| Archdale, NC | 12,179 | 92 | 8.4% |
| High Point, NC | 116,418 | 95 | 4.8% |
| City | Population | Cost of Living Index | National Avg. |
| Temecula, CA | 116,255 | 155 | 55.4% |
| El Monte, CA | 116,590 | 151 | 51.1% |
| Spring Hill, FL | 116,693 | 101 | 0.6% |
| Palm Bay, FL | 116,937 | 105 | 5.3% |
| Clovis, CA | 117,046 | 132 | 32.3% |
| High Point, NC | 116,418 | 95 | 4.8% |
Here are the best places to live in North Carolina
Check out the 10 most dangerous cities in North Carolina
These are the 10 cheapest cities in North Carolina
See the best places to live in High Point