Cost of Living in Tyro, NC

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A+
8%
Overall NAT. AVG.
0%
Groceries NAT. AVG.
26%
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 Tyro North Carolina National
Cost of living9296100
Groceries100100100
Health care10099100
Housing7488100
Transportation9999100
Utilities10099100
Lifestyle & Entertainment101100100
Household Items100100100
Education & Childcare100100100
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Homes For Sale In Tyro, NC

property for sale

324 Carriage Trace Ln

Lexington, NC
property for sale

252 Eulala Leonard Rd

Lexington, NC
property for sale

177 Swicegood Farms Ln

Linwood, NC
property for sale

3505 Tyro Rd

Lexington, NC

Cost Of Living Quick Facts

  • The cost of living in Tyro is 4% lower than the North Carolina average
  • The cost of living in Tyro is 8% lower than the national average
  • Tyro housing is 26% 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 Tyro

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      The best places in North Carolina

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      Salary Calculator

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

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$106,574$8,881$2,487$3,198
      Renters$34,888$2,907$814$1,047
      A good indicator of the general affordability of housing in Tyro, NC, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Tyro, the median monthly income is $106,574 for those who own their own homes. Under the standard rule, that income level would allow for $2,487 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $34,888, per the median income in the area. That would allow for renters to spend up to $814 on monthly rental expenses.

      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.
      East Spencer, NC1,4298316.6%
      Denton, NC1,3958712.7%
      Lexington, NC19,3868911.3%
      Cooleemee, NC1,0699010.3%
      Southmont, NC1,188919.1%
      Tyro, NC3,319927.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Howe, TX3,3199010.5%
      Moulton, AL3,3188217.8%
      East Dundee, IL3,3181055.0%
      Newfane, NY3,318954.7%
      Taylor Creek, OH3,3201044.4%
      Tyro, NC3,319927.9%
      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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