🏙️ Cost of Living Calculators North Carolina

North Carolina Cost of Living Calculator

Compare North Carolina cost of living (index: 95.1). Calculate equivalent salary needed when moving to or from North Carolina.

Free — No Sign-up Verified Data Editorially Reviewed Updated Feb 2026

North Carolina Quick Facts

4.5% Income Tax Rate

0.84% Property Tax Rate

$60,516 Median Income

95.1 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

This calculator compares purchasing power between locations using cost of living indices. North Carolina's cost of living index is 95.1 (100 = national average). The equivalent salary is calculated as: Current Salary × (Target COL / Current COL). Tax differences are also factored in to show the net financial impact of relocating.

Key State Information

North Carolina cost of living index: 95.1. North Carolina is close to the national average in overall cost. Median household income: $60,516. Median 2BR rent: $1100/month.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice

Data Source

Missouri Economic Research Center, BEA

View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

What is the cost of living in North Carolina?

North Carolina's cost of living index is 95.1, where 100 is the national average. This means living in North Carolina costs about 5% less than the national average.

Is North Carolina expensive to live in?

North Carolina has a moderate cost of living, close to the national average. Median home price: $315,000.

How much do I need to earn in North Carolina to live comfortably?

Based on a cost of living index of 95.1 and the 50-30-20 budgeting rule, a comfortable salary in North Carolina would be approximately $41,844/year for a single person renting a 2BR apartment.