Cost of Living in Hot Springs, NC

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A+
6%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
22%
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 Hot Springs North Carolina National
Cost of living9496100
Groceries102100100
Health care9999100
Housing7888100
Transportation10099100
Utilities9799100
Lifestyle & Entertainment106100100
Household Items102100100
Education & Childcare102100100
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Homes For Sale In Hot Springs, NC

property for sale

1060 Indian Camp Creek Rd

Hot Springs, NC
property for sale

145 Kirks Dr

Hot Springs, NC
property for sale

5570 Meadow Fork Rd

Hot Springs, NC
property for sale

(West Lot) Meadow Fork Rd

, NC

Cost Of Living Quick Facts

  • The cost of living in Hot Springs is 2% lower than the North Carolina average
  • The cost of living in Hot Springs is 6% lower than the national average
  • Hot Springs housing is 22% 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 Hot Springs

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Compare Hot Springs, NC Cost of Living

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      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$75,121$6,260$1,753$2,254
      Renters$32,163$2,680$750$965

      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.
      Parrottsville, TN3438514.8%
      Marshall, NC674973.0%
      Hot Springs, NC552945.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Central City, CO55212524.7%
      Lynnville, IA5528614.2%
      Fairmount, IL5528415.6%
      Woodland, MN552229129.5%
      Stantonsburg, NC5528614.5%
      Hot Springs, NC552945.8%
      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.
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