| Index | Lumberton | North Carolina | National |
| Cost of living | 89 | 96 | 100 |
| Groceries | 103 | 100 | 100 |
| Health care | 97 | 99 | 100 |
| Housing | 62 | 88 | 100 |
| Transportation | 99 | 99 | 100 |
| Utilities | 100 | 99 | 100 |
| Lifestyle & Entertainment | 105 | 100 | 100 |
| Household Items | 100 | 100 | 100 |
| Education & Childcare | 101 | 100 | 100 |
Getting a feel for the cost of living in Lumberton is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Lumberton is 89, which is 11% lower than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.
Nobody knows their city better than the people who actually live there. So, we asked 5 local residents how they would rate the cost of living in Lumberton and this is how they responded. 60% of people said that the cost of living was affordable, with prices decreasing, while 40% of people said that the cost of living was very expensive and prices continue to rise.
Is Lumberton an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Lumberton is 40.8% lower than the national average, while the average monthly rent prices are 31.7% lower than average. The affordability of any location can also be influenced by median income levels. Lumberton has a median household income of $55,898, which is 31.3% 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 Lumberton, healthcare costs are 2.8% lower 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 Lumberton, the transportation index is 0.9% lower than the national average.
Taxes: Cities that enforce higher taxes, covering both sales taxes and income taxes, can be a factor contributing to a higher cost of living. Paying more in taxes for everyday essentials like clothing and food inevitably leads to higher expenses. A higher income tax rate can further contribute to an overall elevated cost of living. In Lumberton, the baseline sales tax rate begins at 4.75%, and income tax rates start at 4.75%.
The Lumberton cost of living data displayed above uses a U.S. average baseline of 100 to provide a practical way to compare living expenses across cities. Housing estimates incorporate U.S. Census home price and rental data, while all other values are generated using AI-assisted models based on everyday expense expectations, regional pricing trends, climate, transportation patterns, and local economic conditions. These values are designed for directional city-to-city comparisons.
| 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 | $83,828 | $6,986 | $1,956 | $2,515 |
| Renters | $37,282 | $3,107 | $870 | $1,119 |
| 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. |
| Wakulla, NC | 114 | 101 | 0.7% |
| Raynham, NC | 43 | 101 | 0.7% |
| Proctorville, NC | 205 | 78 | 22.2% |
| Butters, NC | 159 | 78 | 21.6% |
| Rennert, NC | 413 | 79 | 20.7% |
| Lumberton, NC | 21,466 | 89 | 10.9% |
| City | Population | Cost of Living Index | National Avg. |
| Ferguson, MO | 21,445 | 85 | 14.9% |
| Varennes, QC | 21,490 | n/a | |
| New Hope, MN | 21,432 | 108 | 7.7% |
| Lorton, VA | 21,505 | 145 | 44.6% |
| Stephenville, TX | 21,421 | 97 | 3.4% |
| Lumberton, NC | 21,466 | 89 | 10.9% |
Here are the best places to live in North Carolina
Safest Cities In The US
Safest States In The US
See the best places to live in Lumberton