Severn 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.
IndexSevernNorth CarolinaNational
Cost of living index8995100
IndexSevernNorth CarolinaNational
Goods & Services index99101100
Groceries index9598100
Health care index91108100
Housing index7085100
Transportation index9394100
Utilities index10098100
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Did you know?

  • The cost of living in Severn is 7% lower than the North Carolina average.
  • The cost of living in Severn is 11% lower than the national average.
  • The cost of housing in Severn is 30% 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 Severn, 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

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$31,000$2,583$723$930
      Renters$20,833$1,736$486$625

      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%

      Goods & Services

      ItemSevernNational avg.Difference
      Haircut $15.80$17.499.7%
      Beauty Salon $39.00$38.172.2%
      Toothpaste $2.28$2.321.8%
      Shampoo $0.91$1.0110.1%
      Movie $8.63$10.7219.5%
      Bowling $18.00$13.8629.9%

      Groceries

      ItemSevernNational avg.Difference
      Ground Beef $3.90$3.900.0%
      Fried Chicken $1.15$1.4017.6%
      Milk $1.76$1.9610.3%
      Potatoes $3.65$3.1814.7%
      Pizza $11.47$10.3910.4%
      Beer $9.96$9.237.9%

      Health Care

      ItemSevernNational avg.Difference
      Optometrist $95.00$106.3410.7%
      Doctor $75.00$115.2534.9%
      Dentist $104.00$98.385.7%
      Ibuprofen $8.61$9.267.0%
      Lipitor $475.75$466.472.0%

      Housing

      ItemSevernNational avg.Difference
      Home Price $132,500.00$184,700.0028.3%
      Avg. Mortgage Payment $1,107.05$1,273.3213.1%
      Apartment Rent $625.00$949.0034.1%

      Transportation

      ItemSevernNational avg.Difference
      Gasoline $2.48$2.594.5%
      Tire Balancing $45.38$48.907.2%

      Utilities

      ItemSevernNational avg.Difference
      All Electricity$173.50$167.603.5%
      Phone $175.14$163.427.2%
      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.
      Southampton Meadows, VA37597-3%
      Woodland, NC97779-21%
      Lasker, NC14879-21%
      Winton, NC87181-19%
      Seaboard, NC63581-19%
      Severn, NC19589-11%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Zoar, OH19599-1%
      Plaza, ND19599-1%
      Junction City, GA19597-3%
      Bluebell, UT1951044%
      Caledonia, MO19579-21%
      Severn, NC19589-11%
      Source: The Severn, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.