New Bern 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.
IndexNew BernNorth CarolinaNational
Cost of living index9795100
IndexNew BernNorth CarolinaNational
Goods & Services index102101100
Groceries index9898100
Health care index107108100
Housing index8485100
Transportation index10894100
Utilities index10398100
Displayed above is a general overview of the New Bern, NC cost of living index. The overall cost of living index in New Bern, NC is 97, which is 2% higher than the North Carolina average and 3% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in New Bern, NC are 1% higher than the North Carolina average and 2% higher than the national average.
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Did you know?

  • The cost of living in New Bern is 2% higher than the North Carolina average.
  • The cost of living in New Bern is 3% lower than the national average.
  • The cost of housing in New Bern is 16% lower than the national average.
  • North Carolina general sales tax is 7% lower than the national average.
  • North Carolina state income tax is 136% higher than the national average.

Compare New Bern, NC Cost of living To Other Cities

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      Price difference in compared to
      Cost of living index
      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 New Bern, 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 New Bern, NC, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The New Bern, 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)
      Owners$54,706$4,559$1,276$1,641
      Renters$26,718$2,227$623$802
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in New Bern, NC as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for New Bern, NC homeowners, is $54,706. This would allow for a maximum of $1,276 per month to be spent on housing costs. For renters, the median monthly income is $26,718 which would result in a maximum of $623 to be spent on rental costs.

      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 Carolina5.25%5.25%
      One thing to keep in mind when considering the cost of living in New Bern, NC is the North Carolina sales tax and North Carolina income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The North Carolina sales tax rate is 4.75% and the maximum surtax that can be charged is 7.5%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The North Carolina income tax rates range from 5.25% to 5.25%.

      Goods & Services

      ItemNew BernNational avg.Difference
      Haircut $15.00$17.4914.2%
      Beauty Salon $42.50$38.1711.3%
      Toothpaste $3.23$2.3239.2%
      Shampoo $1.07$1.015.7%
      Movie $10.35$10.723.5%
      Bowling $13.67$13.861.4%

      Groceries

      ItemNew BernNational avg.Difference
      Ground Beef $4.32$3.9010.8%
      Fried Chicken $1.48$1.406.0%
      Milk $2.58$1.9631.5%
      Potatoes $4.30$3.1835.1%
      Pizza $8.99$10.3913.5%
      Beer $9.69$9.235.0%

      Health Care

      ItemNew BernNational avg.Difference
      Optometrist $116.40$106.349.5%
      Doctor $121.67$115.255.6%
      Dentist $120.22$98.3822.2%
      Ibuprofen $7.97$9.2613.9%
      Lipitor $418.23$466.4710.3%

      Housing

      ItemNew BernNational avg.Difference
      Home Price $150,000.00$184,700.0018.8%
      Avg. Mortgage Payment $1,047.17$1,273.3217.8%
      Apartment Rent $851.00$949.0010.3%

      Transportation

      ItemNew BernNational avg.Difference
      Gasoline $2.50$2.593.4%
      Tire Balancing $63.96$48.9030.8%

      Utilities

      ItemNew BernNational avg.Difference
      All Electricity$180.80$167.607.9%
      Phone $177.09$163.428.4%
      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.
      Vanceboro, NC1,16585-15%
      Maysville, NC93787-13%
      Cove City, NC42288-12%
      Arapahoe, NC45389-11%
      Grantsboro, NC86792-8%
      New Bern, NC30,07597-3%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Westchester, FL30,05811313%
      Matthews, NC30,0541077%
      Rochester, NH30,0521033%
      Helena, MT30,1021011%
      Myrtle Beach, SC30,10699-1%
      New Bern, NC30,07597-3%
      Source: The New Bern, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.