Trent Woods 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.
IndexTrent WoodsNorth CarolinaNational
Cost of living index10695100
IndexTrent WoodsNorth CarolinaNational
Goods & Services index102101100
Groceries index9898100
Health care index107108100
Housing index11585100
Transportation index10894100
Utilities index10398100
The above illustration supplies generalized information for the Trent Woods, NC cost of living index. Compared to other cities in North Carolina and cities across the country, the cost of living index in Trent Woods, NC is 106, which is 11% higher than the North Carolina average and 6% higher than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Trent Woods, NC are 1% higher than the average for North Carolina and 2% higher than the rest of the country.

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Did you know?

  • The cost of living in Trent Woods is 11% higher than the North Carolina average.
  • The cost of living in Trent Woods is 6% higher than the national average.
  • The cost of housing in Trent Woods is 15% higher 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 Trent Woods, NC Cost of living To Other Cities

Salary Calculator

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Health care index
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The salary calculator allows you to compare how much your current salary in Trent Woods, 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 Trent Woods, NC, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Trent Woods, 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)
One can approximate the cost of living and the housing affordability in Trent Woods, NC by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Trent Woods, NC have a median income of $83,447. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,947 per month to avoid calamity and poverty. The renters in the city have an income of about $45,139, which would make their monthly maximum allowable rental costs $1,053.

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%
When considering the overall cost of living expenses in Trent Woods, NC, it's important to take into account the sales tax for North Carolina, as well as the rate for income tax in North Carolina. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for North Carolina is 7.5%, and the sales tax in the state of North Carolina is 4.75%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in North Carolina starts from 5.75% and goes up to 5.75%.

Goods & Services

ItemTrent WoodsNational 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%


ItemTrent WoodsNational 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

ItemTrent WoodsNational 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%


ItemTrent WoodsNational avg.Difference
Home Price $203,200.00$184,700.0010.0%
Avg. Mortgage Payment $1,047.17$1,273.3217.8%
Apartment Rent $1,189.00$949.0025.3%


ItemTrent WoodsNational avg.Difference
Gasoline $2.50$2.593.4%
Tire Balancing $63.96$48.9030.8%


ItemTrent WoodsNational 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.
Trenton, NC34886-14%
Maysville, NC93787-13%
Cove City, NC42288-12%
Grantsboro, NC86792-8%
Pollocksville, NC40292-8%
Trent Woods, NC4,1941066%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Comanche, TX4,19478-22%
Liberty, NY4,19390-10%
Clay Center, KS4,19380-20%
Surfside Beach, SC4,1951099%
North Sea, NY4,19319292%
Trent Woods, NC4,1941066%
Source: The Trent Woods, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.
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