Cost of Living in Siler City, NC

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11%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
32%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Siler City North Carolina National
Cost of living8996100
Groceries101100100
Health care9799100
Housing6888100
Transportation10199100
Utilities9999100
Lifestyle & Entertainment95100100
Household Items98100100
Education & Childcare94100100
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Homes For Sale In Siler City, NC

property for sale

518 W Elk St

Siler City, NC
property for sale

5491 Silk Hope Gum Springs Rd

Siler City, NC
property for sale

98 Anneliis Ln

Siler City, NC
property for sale

216 Clark Ln

Siler City, NC

Cost Of Living Quick Facts

  • The cost of living in Siler City is 7% lower than the North Carolina average
  • The cost of living in Siler City is 11% lower than the national average
  • Siler City housing is 32% lower than the national average
  • North Carolina general sales tax is 7% lower than the national average
  • North Carolina state income tax is 83% higher than the national average

Most Affordable Places to Live in and Around Siler City

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      Salary Calculator

      This is how much you would need to earn in
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      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$77,199$6,433$1,801$2,316
      Renters$48,056$4,005$1,121$1,442
      The affordability of the housing market in Siler City, NC as well as the overall cost of living can be predicted 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 be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Siler City homeowners, the median income is $77,199. This indicates that a monthly maximum of $1,801 should be spent by homeowners on all housing related costs. Renters have a median income of $48,056. This indicates that renters would have a maximum of $1,121 for their rent related monthly costs.

      North Carolina Sales Tax

      State General Sales Tax With Max Surtax
      North Carolina 4.75% 7.5%

      North Carolina Income Tax

      State Income Tax (Low) Income Tax (High)
      North Carolina 4.75% 4.75%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Gulf, NC0981.8%
      Bennett, NC362981.8%
      Franklinville, NC1,4828614.4%
      Ramseur, NC2,1218811.6%
      Liberty, NC2,7548811.9%
      Siler City, NC8,4188910.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Irondale, GA8,417918.7%
      Piedmont, OK8,4161066.1%
      Manhattan, IL8,4151098.9%
      Gering, NE8,421946.2%
      Golden Valley, AZ8,4238910.8%
      Siler City, NC8,4188910.8%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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