Hobgood 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.
IndexHobgoodNorth CarolinaNational
Cost of living index8494100
IndexHobgoodNorth CarolinaNational
Goods & Services index10198100
Groceries index10698100
Health care index101107100
Housing index4585100
Transportation index10098100
Utilities index9896100

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Did you know?

  • The cost of living in Hobgood is 11% lower than the North Carolina average.
  • The cost of living in Hobgood is 16% lower than the national average.
  • The cost of housing in Hobgood is 55% 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.

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$43,000$3,583$1,003$1,290
Renters$27,083$2,257$632$813

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 Carolina5.75%5.75%

Goods & Services

ItemHobgoodNational avg.Difference
Haircut $19.49$16.0921.1%
Beauty Salon $51.86$37.3338.9%
Toothpaste $2.65$2.458.3%
Shampoo $1.03$1.002.7%
Movie $9.93$10.283.4%
Bowling $5.64$4.9314.3%

Groceries

ItemHobgoodNational avg.Difference
Ground Beef $3.85$3.801.2%
Fried Chicken $1.69$1.4020.9%
Milk $2.00$2.010.3%
Potatoes $3.53$3.0117.1%
Pizza $10.82$9.899.5%
Beer $9.11$8.902.3%

Health Care

ItemHobgoodNational avg.Difference
Optometrist $103.10$102.160.9%
Doctor $99.19$108.368.5%
Dentist $98.93$92.536.9%
Ibuprofen $8.66$9.286.7%
Lipitor $444.08$425.824.3%

Housing

ItemHobgoodNational avg.Difference
Home Price $55,000.00$184,700.0070.2%
Avg. Mortgage Payment $940.37$1,202.4421.8%
Apartment Rent $750.00$949.0021.0%

Transportation

ItemHobgoodNational avg.Difference
Gasoline $2.26$2.240.7%
Tire Balancing $45.39$46.291.9%

Utilities

ItemHobgoodNational avg.Difference
All Electricity$143.51$165.9613.5%
Phone $31.92$28.6811.3%
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.
Hassell, NC3776-24%
Speed, NC4881-19%
Leggett, NC2682-18%
Hamilton, NC41382-18%
Princeville, NC2,30083-17%
Hobgood, NC34484-16%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Plymouth, IA34482-18%
Eschbach, WA34496-4%
Willow Lake, SD34478-22%
Naselle, WA3441055%
Vinegar Bend, AL34484-16%
Hobgood, NC34484-16%
Source: The Hobgood, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.