Mocksville 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.
IndexMocksvilleNorth CarolinaNational
Cost of living index8694100
IndexMocksvilleNorth CarolinaNational
Goods & Services index9698100
Groceries index9798100
Health care index115107100
Housing index7285100
Transportation index7598100
Utilities index8396100
An overview of the general cost of living index for Mocksville, NC is displayed above for your reference. Residents in Mocksville, NC enjoy a cost of living index of 86. This index is 9% lower than the North Carolina average, and 14% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Mocksville, NC, the average cost of goods and services is 2% lower than it is in North Carolina, and it is 4% lower than the national average.
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Did you know?

  • The cost of living in Mocksville is 9% lower than the North Carolina average.
  • The cost of living in Mocksville is 14% lower than the national average.
  • The cost of housing in Mocksville is 28% 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.

Compare Mocksville, NC Cost of living To Other Cities

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Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator allows you to compare how much your current salary in Mocksville, NC would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Mocksville, NC, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Mocksville, NC salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
One can approximate the cost of living and the housing affordability in Mocksville, NC by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Mocksville, NC have a median income of $41,886. Therefore, the amount that a consumer should spend on housing costs should be no more than $977 per month to avoid calamity and poverty. The renters in the city have an income of about $26,563, which would make their monthly maximum allowable rental costs $620.

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%
When considering the overall cost of living expenses in Mocksville, NC, it's important to take into account the sales tax for North Carolina, as well as the rate for income tax in North Carolina. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for North Carolina is 7.5%, and the sales tax in the state of North Carolina is 4.75%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in North Carolina starts from 5.75% and goes up to 5.75%.

Goods & Services

ItemMocksvilleNational avg.Difference
Haircut $11.50$16.0928.5%
Beauty Salon $29.33$37.3321.4%
Toothpaste $1.90$2.4522.5%
Shampoo $0.95$1.005.1%
Movie $6.00$10.2841.6%
Bowling $2.25$4.9354.4%


ItemMocksvilleNational avg.Difference
Ground Beef $3.62$3.804.7%
Fried Chicken $1.11$1.4020.8%
Milk $1.82$2.019.2%
Potatoes $3.25$3.018.1%
Pizza $11.99$9.8921.3%
Beer $8.29$8.906.9%

Health Care

ItemMocksvilleNational avg.Difference
Optometrist $120.00$102.1617.5%
Doctor $150.00$108.3638.4%
Dentist $99.12$92.537.1%
Ibuprofen $9.22$9.280.6%
Lipitor $431.91$425.821.4%


ItemMocksvilleNational avg.Difference
Home Price $139,900.00$184,700.0024.3%
Avg. Mortgage Payment $1,008.12$1,202.4416.2%
Apartment Rent $613.00$949.0035.4%


ItemMocksvilleNational avg.Difference
Gasoline $2.13$2.245.1%
Tire Balancing $15.76$46.2965.9%


ItemMocksvilleNational avg.Difference
All Electricity$155.87$165.966.1%
Phone $20.50$28.6828.5%
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.
Harmony, NC52781-19%
Cooleemee, NC87582-18%
Spencer, NC3,29082-18%
Cleveland, NC1,01985-15%
Tyro, NC3,91887-13%
Mocksville, NC5,14086-14%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Paradise Hills, NM5,14098-2%
Kings Point, NY5,140377277%
Chelsea, MI5,1401000%
Pawcatuck, CT5,14111717%
Glennville, GA5,13784-16%
Mocksville, NC5,14086-14%
Source: The Mocksville, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.
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