Cost Of Living in Hoffman, NC

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17%

Overall NAT. AVG.

1%

Groceries NAT. AVG.

53%

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	Hoffman	North Carolina	National
Cost of living	83	96	100
Groceries	101	100	100
Health care	97	99	100
Housing	47	88	100
Transportation	101	99	100
Utilities	99	99	100
Lifestyle & Entertainment	95	100	100
Household Items	98	100	100
Education & Childcare	94	100	100

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Homes For Sale In Hoffman, NC

123 Hailey Ames St

Hoffman, NC

Cost Of Living Quick Facts

The cost of living in Hoffman is 14% lower than the North Carolina average
The cost of living in Hoffman is 17% lower than the national average
Hoffman housing is 53% 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

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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	$50,398	$4,200	$1,176	$1,512
Renters	$0	$0	$0	$0

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.
Dobbins Heights, NC	859	80	19.5%
Ellerbe, NC	1,069	82	17.6%
Old Hundred, NC	564	85	14.7%
Bowmore, NC	96	86	14.4%
East Rockingham, NC	3,424	84	15.6%
Hoffman, NC	800	83	17.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Stratford, CA	800	104	4.1%
Wataga, IL	800	84	16.0%
Loreauville, LA	800	86	13.6%
West Concord, MN	800	91	9.0%
Hatton, ND	800	90	9.9%
Hoffman, NC	800	83	17.1%