Cost of living in Butner 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 Butner 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 Butner is 89, with 100 being the average.
The cost of living index in Butner is 0.9x lower than the national average.
Butner ranks as the #33 cheapest in North Carolina out of 153.
Butner ranks as the #1,460 cheapest out of 6,412 in the US.
The median home value in Butner is $170,000.
The median income in Butner is $63,548.
According to the most recent data on the cost of living, Butner has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to North Carolina, Butner has a cost of living index that's 0.9x lower than North Carolina's index of 95.
The standard of living in Butner ranks as #33 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Butner ranks as the #120 most expensive place in the Tar Heel State.
For more reading on life in Butner, check out:
Six factors go into calculating the cost of living index in Butner. Here is how it fairs on each of the criteria:
The Services index in Butner is 94.
The Groceries index in Butner is 99.
The Health index in Butner is 92.
The Housing index in Butner is 73.
The Transportation index in Butner is 100.
The Utilities index in Butner is 83.
Living Expense | Butner | North Carolina | National Average | |
---|---|---|---|---|
Overall | 89 | 95 | 100 | |
Services | 94 | 97 | 100 | |
Groceries | 99 | 98 | 100 | |
Health | 92 | 108 | 100 | |
Housing | 73 | 91 | 100 | |
Transportation | 100 | 92 | 100 | |
Utilities | 83 | 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 Butner is $170,000.
The Median Rent in Butner is $1,001.
The Median Income in Butner is $63,548.
The Home Value To Income in Butner is 2.7x.
The Rent To Monthly Income in Butner is 0.19x.
Statistic | Butner | North Carolina | United States |
---|---|---|---|
Median Home Value | $170,000 | $197,500 | $244,900 |
Median Rent | $1,001 | $988 | $1,163 |
Median Income | $63,548 | $60,516 | $69,021 |
Home Value To Income | 2.7x | 3.3x | 3.5x |
Rent To Monthly Income | 0.19x | 0.2x | 0.2x |
Item | Butner | North Carolina |
---|---|---|
Shampoo | $1.4 | $1.06 |
Movie | $9.95 | $10.68 |
Bowling | $4.33 | $14.67 |
Haircut | $15.37 | $18.62 |
Beauty Salon | $43.85 | $39.05 |
Item | Butner | North Carolina |
---|---|---|
Ground Beef | $3.49 | $4.22 |
Fried Chicken | $1.26 | $1.39 |
Milk | $1.82 | $2.05 |
Potatoes | $3.28 | $3.29 |
Pizza | $9.32 | $10.62 |
Beer | $8.21 | $9.38 |
Toothpaste | $2.9 | $2.34 |
Item | Butner | North Carolina |
---|---|---|
Optometrist | $108.68 | $108.57 |
Doctor | $93.53 | $116.17 |
Dentist | $86.2 | $99.13 |
Item | Butner | North Carolina |
---|---|---|
Gasoline | $2.26 | $2.22 |
Tire Balancing | $44.82 | $50.07 |
Item | Butner | North Carolina |
---|---|---|
All Electricity | $154.43 | $167.67 |
Phone | $19.95 | $175.64 |
The cost of living varies in the cities and towns around Butner. 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, 1.2x Butner.
Durham, NC has a cost of living index of 94, 1.1x Butner.
Cary, NC has a cost of living index of 114, 1.3x Butner.
City | Population | Cost Of Living | Vs. Butner |
---|---|---|---|
Raleigh, NC | 462,219 | 105 | 1.2x |
Durham, NC | 279,106 | 94 | 1.1x |
Cary, NC | 171,603 | 114 | 1.3x |
Chapel Hill, NC | 60,920 | 118 | 1.3x |
Apex, NC | 58,066 | 112 | 1.3x |
Wake Forest, NC | 46,387 | 110 | 1.2x |
Holly Springs, NC | 40,198 | 111 | 1.2x |
Garner, NC | 30,859 | 99 | 1.1x |
Morrisville, NC | 28,824 | 107 | 1.2x |
Carrboro, NC | 21,237 | 111 | 1.2x |