Cost of Living in Five Points, NC

A-
5%
Overall NAT. AVG.
4%
Goods & Services NAT. AVG.
25%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; 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 Five Points North Carolina National
Cost of living10594100
Goods & Services9698100
Groceries10098100
Health care104108100
Housing12585100
Transportation9392100
Utilities9194100
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Cost Of Living Quick Facts

  • The cost of living in Five Points is 12% higher than the North Carolina average
  • The cost of living in Five Points is 5% higher than the national average
  • Five Points housing is 25% higher 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 Five Points

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Compare Five Points, NC Cost of Living

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      Salary Calculator

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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$63,859$5,322$1,490$1,916
      Renters$38,458$3,205$897$1,154

      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%

      Goods & Services

      Item Five Points National avg. Difference
      Haircut $28.20$24.2616.2%
      Beauty Salon $50.33$45.5610.5%
      Toothpaste $3.85$3.703.9%
      Shampoo $1.33$1.284.1%
      Movie $12.19$12.130.4%
      Bowling $20.00$18.0011.1%

      Groceries

      Item Five Points National avg. Difference
      Ground Beef $6.28$5.847.6%
      Fried Chicken $1.36$1.5713.2%
      Milk $4.64$4.670.7%
      Potatoes $4.99$4.931.1%
      Pizza $10.73$12.0911.3%
      Beer $10.46$10.410.4%

      Health Care

      Item Five Points National avg. Difference
      Optometrist $126.46$125.680.6%
      Doctor $146.71$135.788.1%
      Dentist $136.77$113.2920.7%
      Ibuprofen $10.94$10.652.7%
      Lipitor $385.26$468.6017.8%

      Housing

      Item Five Points National avg. Difference
      Home Price $230,900.00$184,700.0025.0%
      Avg. Mortgage Payment $2,475.99$2,346.695.5%
      Apartment Rent $0.00$949.00100.0%

      Transportation

      Item Five Points National avg. Difference
      Gasoline $3.32$3.464.1%
      Tire Balancing $42.85$59.9228.5%

      Utilities

      Item Five Points National avg. Difference
      All Electricity $161.71$193.9916.6%
      Phone $186.82$192.252.8%
      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.
      Dundarrach, NC60991.4%
      Red Springs, NC3,2918119.3%
      Shannon, NC3488218.4%
      Hoffman, NC7788119.2%
      Old Hundred, NC5458415.8%
      Five Points, NC1,2011054.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Waukomis, OK1,2018515.0%
      Bradford, TN1,2017821.8%
      Tolar, TX1,2011033.4%
      Pembroke, VA1,2018613.8%
      Langley, WA1,20114847.8%
      Five Points, NC1,2011054.9%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
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