Cost of living in Archer Lodge research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Archer Lodge is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in North Carolina, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Archer Lodge is 92, with 100 being the average.
The cost of living index in Archer Lodge is 0.9x lower than the national average.
Archer Lodge ranks as the #55 cheapest in North Carolina out of 153.
Archer Lodge ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Archer Lodge is $184,500.
The median income in Archer Lodge is $65,929.
According to the most recent data on the cost of living, Archer Lodge has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to North Carolina, Archer Lodge has a cost of living index that's 1.0x lower than North Carolina's index of 95.
The standard of living in Archer Lodge ranks as #55 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Archer Lodge ranks as the #98 most expensive place in the Tar Heel State.
For more reading on life in Archer Lodge, check out:
Six factors go into calculating the cost of living index in Archer Lodge. Here is how it fairs on each of the criteria:
The Services index in Archer Lodge is 102.
The Groceries index in Archer Lodge is 91.
The Health index in Archer Lodge is 104.
The Housing index in Archer Lodge is 84.
The Transportation index in Archer Lodge is 94.
The Utilities index in Archer Lodge is 99.
Living Expense | Archer Lodge | North Carolina | National Average | |
---|---|---|---|---|
Overall | 92 | 95 | 100 | |
Services | 102 | 97 | 100 | |
Groceries | 91 | 98 | 100 | |
Health | 104 | 108 | 100 | |
Housing | 84 | 91 | 100 | |
Transportation | 94 | 92 | 100 | |
Utilities | 99 | 95 | 100 |
Housing swings affordability the most between places in North Carolina, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Archer Lodge is $184,500.
The Median Rent in Archer Lodge is $1,141.
The Median Income in Archer Lodge is $65,929.
The Home Value To Income in Archer Lodge is 2.8x.
The Rent To Monthly Income in Archer Lodge is 0.21x.
Statistic | Archer Lodge | North Carolina | United States |
---|---|---|---|
Median Home Value | $184,500 | $197,500 | $244,900 |
Median Rent | $1,141 | $988 | $1,163 |
Median Income | $65,929 | $60,516 | $69,021 |
Home Value To Income | 2.8x | 3.3x | 3.5x |
Rent To Monthly Income | 0.21x | 0.2x | 0.2x |
Item | Archer Lodge | North Carolina |
---|---|---|
Shampoo | $0.95 | $1.06 |
Movie | $10.04 | $10.68 |
Bowling | $17.13 | $14.67 |
Haircut | $18.07 | $18.62 |
Beauty Salon | $48.42 | $39.05 |
Item | Archer Lodge | North Carolina |
---|---|---|
Ground Beef | $4.93 | $4.22 |
Fried Chicken | $0.97 | $1.39 |
Milk | $1.61 | $2.05 |
Potatoes | $3.88 | $3.29 |
Pizza | $11.04 | $10.62 |
Beer | $9.99 | $9.38 |
Toothpaste | $2.04 | $2.34 |
Item | Archer Lodge | North Carolina |
---|---|---|
Optometrist | $98.89 | $108.57 |
Doctor | $145.22 | $116.17 |
Dentist | $99.0 | $99.13 |
Item | Archer Lodge | North Carolina |
---|---|---|
Gasoline | $2.27 | $2.22 |
Tire Balancing | $37.07 | $50.07 |
Item | Archer Lodge | North Carolina |
---|---|---|
All Electricity | $162.8 | $167.67 |
Phone | $179.92 | $175.64 |
The cost of living varies in the cities and towns around Archer Lodge. Here's a quick look at the cost of living in the most populous nearby places:
Raleigh, NC has a cost of living index of 105, 1.1x Archer Lodge.
Garner, NC has a cost of living index of 99, 1.1x Archer Lodge.
Clayton, NC has a cost of living index of 97, 1.1x Archer Lodge.
City | Population | Cost Of Living | Vs. Archer Lodge |
---|---|---|---|
Raleigh, NC | 462,219 | 105 | 1.1x |
Garner, NC | 30,859 | 99 | 1.1x |
Clayton, NC | 25,486 | 97 | 1.1x |
Knightdale, NC | 18,614 | 99 | 1.1x |
Smithfield, NC | 11,168 | 89 | 1.0x |
Wendell, NC | 9,847 | 94 | 1.0x |
Zebulon, NC | 6,958 | 97 | 1.1x |
Selma, NC | 6,317 | 88 | 1.0x |