Spencer Mountain 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.
IndexSpencer MountainNorth CarolinaNational
Cost of living index10094100
IndexSpencer MountainNorth CarolinaNational
Goods & Services index10198100
Groceries index9698100
Health care index105107100
Housing indexn/a85100
Transportation index9698100
Utilities index10096100

Did you know?

  • The cost of living in Spencer Mountain is 5% higher than the North Carolina average.
  • The cost of living in Spencer Mountain is equal to the national average.
  • The cost of housing in Spencer Mountain is equal to 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.

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Compare Spencer Mountain, NC Cost of living To Other Cities

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Cost of living index
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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$0$0$0$0
Renters$0$0$0$0

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%

Goods & Services

ItemSpencer MountainNational avg.Difference
Haircut $17.75$16.0910.3%
Beauty Salon $33.80$37.339.5%
Toothpaste $3.18$2.4529.8%
Shampoo $1.17$1.0017.3%
Movie $10.91$10.286.2%
Bowling $5.78$4.9317.1%

Groceries

ItemSpencer MountainNational avg.Difference
Ground Beef $3.79$3.800.4%
Fried Chicken $1.17$1.4016.2%
Milk $1.87$2.016.7%
Potatoes $2.97$3.011.5%
Pizza $8.52$9.8913.8%
Beer $8.92$8.900.3%

Health Care

ItemSpencer MountainNational avg.Difference
Optometrist $113.53$102.1611.1%
Doctor $102.91$108.365.0%
Dentist $113.63$92.5322.8%
Ibuprofen $7.03$9.2824.3%
Lipitor $418.61$425.821.7%

Housing

ItemSpencer MountainNational avg.Difference
Home Price $0.00$184,700.00100.0%
Avg. Mortgage Payment $971.92$1,202.4419.2%
Apartment Rent $0.00$949.00100.0%

Transportation

ItemSpencer MountainNational avg.Difference
Gasoline $2.14$2.244.8%
Tire Balancing $45.78$46.291.1%

Utilities

ItemSpencer MountainNational avg.Difference
All Electricity$154.11$165.967.1%
Phone $31.00$28.688.1%
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.
High Shoals, NC70386-14%
Bessemer City, NC5,46288-12%
Kings Mountain, NC11,05389-11%
Cherryville, NC5,90189-11%
Ranlo, NC3,53589-11%
Spencer Mountain, NC01000%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Indianola CDP, OK090-10%
Los Centenarios, TX098-2%
Alcova, WY01011%
Bear Flat, AZ01055%
Valley Wells, CA011111%
Spencer Mountain, NC01000%
Source: The Spencer Mountain, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.