A+
6%
Overall NAT. AVG.
1%
Goods & Services NAT. AVG.
17%
Housing NAT. AVG.
Search Homes for Sale
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 Winterville North Carolina National
Cost of living9494100
Goods & Services9998100
Groceries9898100
Health care112108100
Housing8385100
Transportation9392100
Utilities9894100

An Overview of Cost of Living in Winterville, NC

Are you thinking about relocating, but curious about the potential cost of living in Winterville? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Winterville stands at 94, making it 6% lower than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.

In Winterville, daily expenses such as food, housing, goods and services, transportation and health care are in line with comparable areas and about average when compared to all cities across the nation. This ensures that the cost of living in Winterville will resemble that of an average city, contributing to a manageable cost of living.

What Do Locals Say About the Cost of Living in Winterville?

When it comes to knowing a city, its residents are the experts. We conducted a survey with 5 locals to understand their opinions on the cost of living in Winterville. The results indicated that 60% found it reasonably priced with decreasing prices of goods and services, while 40% viewed it as quite expensive, with increasing prices.

Is Winterville Affordable?

Is Winterville an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Winterville is 15.1% lower than the national average, while the average monthly rent prices are 23.1% lower than average. The affordability of any location can also be influenced by median income levels. Winterville has a median household income of $68,525, which is 23.9% higher than the national average.

What Factors can Influence the Cost of Living in Winterville?

Subsidies: Some cities and states may extend government subsidies or aid programs aimed at reducing the cost of living for their residents. These initiatives encompass diverse forms of support, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farm subsidies. Regions with limited subsidy provisions may witness an increase in their overall cost of living.

Healthcare: The costs associated with healthcare and insurance premiums can exhibit notable disparities based on the city or state of residence. Access to healthcare facilities, out-of-pocket expenses for medical appointments, dental care charges, prescription medication costs and specialized medical care expenses all contribute to variations in the cost of living. In Winterville, healthcare costs are 11.5% higher than the national average.

Housing: When there's a high demand for housing in trendy places, it can cause property prices and rental rates to soar, leading to a significantly higher cost of living. Conversely, in less desirable locations, where demand is low, prices tend to decrease, resulting in a more budget-friendly cost of living. In Winterville, the housing index is 17.5% lower than the national average.

Where is the Data From?

The Winterville cost of living data you see above is sourced from the C2ER cost of living index, providing a practical and accurate means of comparing living expenses in urban areas. Updated quarterly, this index gathers data from over 300 independent researchers, covering more than 60 goods and services, in 6 different categories. These selections are made meticulously to represent a wide range of consumer expenditure categories. The weightings applied to cost differences are based on government survey data that tracks spending patterns among professional and executive households. It's important to note that while the C2ER index excludes data on sales or income tax rates, AreaVibes factors tax rates into the overall cost of living score for each region.

New Real Estate Listings in Winterville Area
Search Homes for Sale in Winterville, NC

Cost Of Living Quick Facts

  • The cost of living in Winterville is equal to the North Carolina average
  • The cost of living in Winterville is 6% lower than the national average
  • Winterville housing is 17% 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 Winterville

See all the best places to live around Winterville

Compare Winterville, NC Cost of Living

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

      Salary Calculator

      This is how much you would need to earn in
      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$86,100$7,175$2,009$2,583
      Renters$17,390$1,449$406$522
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Winterville, 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 Winterville homeowners, is $86,100. This would allow for a maximum of $2,009 per month to be spent on housing costs. For renters, the median monthly income is $17,390 which would result in a maximum of $406 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%

      Goods & Services

      Item Winterville National avg. Difference
      Haircut $19.00$24.2621.7%
      Beauty Salon $29.58$45.5635.1%
      Toothpaste $3.65$3.701.4%
      Shampoo $1.09$1.2815.1%
      Movie $10.27$12.1315.3%
      Bowling $11.00$18.0038.9%

      Groceries

      Item Winterville National avg. Difference
      Ground Beef $5.93$5.841.5%
      Fried Chicken $1.59$1.570.9%
      Milk $4.57$4.672.1%
      Potatoes $5.18$4.934.9%
      Pizza $10.47$12.0913.4%
      Beer $10.29$10.411.1%

      Health Care

      Item Winterville National avg. Difference
      Optometrist $141.56$125.6812.6%
      Doctor $136.38$135.780.4%
      Dentist $100.17$113.2911.6%
      Ibuprofen $10.24$10.653.9%
      Lipitor $429.52$468.608.3%

      Housing

      Item Winterville National avg. Difference
      Home Price $156,800.00$184,700.0015.1%
      Avg. Mortgage Payment $1,813.02$2,346.6922.7%
      Apartment Rent $730.00$949.0023.1%

      Transportation

      Item Winterville National avg. Difference
      Gasoline $3.45$3.460.5%
      Tire Balancing $63.55$59.926.1%

      Utilities

      Item Winterville National avg. Difference
      All Electricity $201.14$193.993.7%
      Phone $187.32$192.252.6%
      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.
      Belvoir, NC452991.4%
      Falkland, NC183991.4%
      Stokes, NC600991.4%
      Hookerton, NC6458317.2%
      Grifton, NC2,8738316.9%
      Winterville, NC10,062946.2%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Cedartown, GA10,0628614.3%
      Purcellville, VA10,06314444.4%
      Bastrop, LA10,0607723.3%
      Marina del Rey, CA10,065212111.5%
      Kennett, MO10,0698020.1%
      Winterville, NC10,062946.2%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.