Wilson's Mills, North Carolina Cost Of Living

Buy Rent

B

Overall 13%

Goods & Services 5%

Housing 31%

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Wilson's Mills	North Carolina	National
Cost of living	87	94	100
Goods & Services	95	99	100
Groceries	87	98	100
Health care	94	110	100
Housing	69	85	100
Transportation	96	91	100
Utilities	97	95	100

Key findings

The cost of living in Wilson's Mills is 8% lower than the North Carolina average
The cost of living in Wilson's Mills is 13% lower than the national average
Wilson's Mills housing is 31% lower than the national average
North Carolina general sales tax is 7% lower than the national average
North Carolina state income tax is 113% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$50,417	$4,201	$1,176	$1,513
Renters	$29,792	$2,483	$695	$894

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	5.25%	5.25%

Goods & Services

Item	Wilson's Mills	National avg.	Difference
Haircut	$22.17	$20.27	9.4%
Beauty Salon	$48.10	$40.39	19.1%
Toothpaste	$1.78	$2.36	24.4%
Shampoo	$0.99	$1.08	8.0%
Movie	$10.30	$10.99	6.3%
Bowling	$16.95	$15.49	9.4%

Groceries

Item	Wilson's Mills	National avg.	Difference
Ground Beef	$3.69	$4.30	14.2%
Fried Chicken	$1.05	$1.40	25.2%
Milk	$1.74	$2.20	21.2%
Potatoes	$3.57	$3.22	10.8%
Pizza	$10.67	$10.74	0.6%
Beer	$10.49	$9.60	9.3%

Health Care

Item	Wilson's Mills	National avg.	Difference
Optometrist	$99.25	$109.73	9.5%
Doctor	$116.11	$118.34	1.9%
Dentist	$90.70	$100.94	10.1%
Ibuprofen	$9.28	$9.93	6.5%
Lipitor	$472.19	$469.53	0.6%

Housing

Item	Wilson's Mills	National avg.	Difference
Home Price	$108,700.00	$184,700.00	41.1%
Avg. Mortgage Payment	$1,009.98	$1,229.62	17.9%
Apartment Rent	$894.00	$949.00	5.8%

Transportation

Item	Wilson's Mills	National avg.	Difference
Gasoline	$2.60	$2.71	4.1%
Tire Balancing	$50.32	$51.86	3.0%

Utilities

Item	Wilson's Mills	National avg.	Difference
All Electricity	$164.85	$170.84	3.5%
Phone	$183.30	$187.18	2.1%

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	Population	Cost of Living Index	National Avg.
Micro, NC	661	82	18.4%
Kenly, NC	1,744	82	18.0%
Selma, NC	6,325	83	16.6%
Princeton, NC	1,343	84	16.4%
Benson, NC	3,542	84	16.3%
Wilson's Mills, NC	2,433	87	13.2%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Blucher No. 343, SK	2,433	n/a
New Llano, LA	2,432	87	12.5%
Shinnston, WV	2,432	83	16.9%
Mount Morris, NY	2,434	85	15.0%
Level Plains, AL	2,430	95	5.0%
Wilson's Mills, NC	2,433	87	13.2%

Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.