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.
A general overview of the cost of living index for Pineville, NC is displayed above. In Pineville, NC, the overall cost of living index is 97, which is 3% higher than the North Carolina average and 3% lower than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Pineville, NC, the city's goods and services are 3% higher than the North Carolina average and 1% higher than the U.S. average.
Find Real Estate Listings
New Real Estate Listings In Pineville
Did you know?
The cost of living in Pineville is 3% higher than the North Carolina average.
The cost of living in Pineville is 3% lower than the national average.
The cost of housing in Pineville is 9% 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 Pineville, NC Cost of living To Other Cities
This is how much you would need to earn in Price difference in compared to
Cost of living index
Goods & Services index
Health care index
Use the salary calculator to compare your current income in Pineville, NC to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Pineville, NC, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Pineville, NC salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.
Median Income & Debt-To-Income Ratio
Max Budget (28% DTI)
Max Budget (36% DTI)
The affordability of the housing market in Pineville, NC as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Pineville, NC homeowners, the median income is $65,433. This indicates that a monthly maximum of $1,527 should be spent by homeowners on all housing related costs. Renters have a median income of $35,084. This indicates that renters should have a maximum of $819 used for their rent related monthly costs.
North Carolina Sales Tax
General Sales Tax
With Max Surtax
North Carolina Income Tax
Income Tax (Low)
Income Tax (High)
The North Carolina sales tax and North Carolina income tax rates should definitely be considered when determining the overall cost of living in Pineville, NC. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The North Carolina sales tax is 4.75% and the maximum surtax is 7.5%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The North Carolina income tax rates range from 5.75% to 5.75%.
Goods & Services
Avg. Mortgage Payment
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.