Cost of Living in Welcome, NC

Get 300+ Local Insights for Any Address in Welcome, NC

Get Access to 300+ Local Data Points
A+
9%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
27%
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 Welcome North Carolina National
Cost of living9196100
Groceries98100100
Health care9999100
Housing7388100
Transportation10199100
Utilities9799100
Lifestyle & Entertainment96100100
Household Items102100100
Education & Childcare100100100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Homes For Sale In Welcome, NC

property for sale

273 Stonybrook Dr

Lexington, NC
property for sale

205 Placid Park

Lexington, NC
property for sale

100 Tori Ln

Lexington, NC
property for sale

249 Cool Run

Lexington, NC

Cost Of Living Quick Facts

  • The cost of living in Welcome is 5% lower than the North Carolina average
  • The cost of living in Welcome is 9% lower than the national average
  • Welcome housing is 27% 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 Welcome

See all the best places to live around Welcome

Compare Welcome, NC Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Welcome?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Welcome?
      Write a review to give others more information about this area.
      See all Welcome poll results

      The best places in North Carolina

      Here are the best places to live in North CarolinaThese are the largest cities in North CarolinaMost Dangerous Cities In The USSafest States In The US
      Best Places in North Carolina

      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$73,987$6,166$1,726$2,220
      Renters$0$0$0$0
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Welcome, NC, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Welcome homeowners, is $73,987. This would allow for a maximum of $1,726 per month to be spent on housing costs. For renters, the median monthly income is $0 which would result in a maximum of $0 to be spent on rental 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.
      Lexington, NC19,3868911.3%
      Thomasville, NC27,8058911.0%
      Spencer, NC3,331918.8%
      Tyro, NC3,319927.9%
      Trinity, NC6,824936.5%
      Welcome, NC3,125918.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Momence, IL3,1258910.8%
      Arcadia, WI3,125928.4%
      Mineral Springs, NC3,1241088.3%
      Dogtown, CA3,12616565.4%
      Trafford, PA3,126918.6%
      Welcome, NC3,125918.9%
      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.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026