Cost of living in Clayton 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 Clayton 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 Clayton is 97, with 100 being the average.
The cost of living index in Clayton is 1.0x lower than the national average.
Clayton ranks as the #82 cheapest in North Carolina out of 153.
Clayton ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Clayton is $224,400.
The median income in Clayton is $63,166.
According to the most recent data on the cost of living, Clayton has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to North Carolina, Clayton has a cost of living index that's 1.0x higher than North Carolina's index of 95.
The standard of living in Clayton ranks as #82 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Clayton ranks as the #71 most expensive place in the Tar Heel State.
For more reading on life in Clayton, check out:
Six factors go into calculating the cost of living index in Clayton. Here is how it fairs on each of the criteria:
The Services index in Clayton is 105.
The Groceries index in Clayton is 92.
The Health index in Clayton is 106.
The Housing index in Clayton is 95.
The Transportation index in Clayton is 92.
The Utilities index in Clayton is 100.
Living Expense | Clayton | North Carolina | National Average | |
---|---|---|---|---|
Overall | 97 | 95 | 100 | |
Services | 105 | 97 | 100 | |
Groceries | 92 | 98 | 100 | |
Health | 106 | 108 | 100 | |
Housing | 95 | 91 | 100 | |
Transportation | 92 | 92 | 100 | |
Utilities | 100 | 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 Clayton is $224,400.
The Median Rent in Clayton is $1,211.
The Median Income in Clayton is $63,166.
The Home Value To Income in Clayton is 3.6x.
The Rent To Monthly Income in Clayton is 0.23x.
Statistic | Clayton | North Carolina | United States |
---|---|---|---|
Median Home Value | $224,400 | $197,500 | $244,900 |
Median Rent | $1,211 | $988 | $1,163 |
Median Income | $63,166 | $60,516 | $69,021 |
Home Value To Income | 3.6x | 3.3x | 3.5x |
Rent To Monthly Income | 0.23x | 0.2x | 0.2x |
Item | Clayton | 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 | Clayton | 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 | Clayton | North Carolina |
---|---|---|
Optometrist | $98.89 | $108.57 |
Doctor | $145.22 | $116.17 |
Dentist | $99.0 | $99.13 |
Item | Clayton | North Carolina |
---|---|---|
Gasoline | $2.27 | $2.22 |
Tire Balancing | $37.07 | $50.07 |
Item | Clayton | North Carolina |
---|---|---|
All Electricity | $162.8 | $167.67 |
Phone | $179.92 | $175.64 |
The cost of living varies in the cities and towns around Clayton. 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 Clayton.
Fuquay-Varina, NC has a cost of living index of 105, 1.1x Clayton.
Garner, NC has a cost of living index of 99, 1.0x Clayton.
City | Population | Cost Of Living | Vs. Clayton |
---|---|---|---|
Raleigh, NC | 462,219 | 105 | 1.1x |
Fuquay-Varina, NC | 33,135 | 105 | 1.1x |
Garner, NC | 30,859 | 99 | 1.0x |
Knightdale, NC | 18,614 | 99 | 1.0x |
Smithfield, NC | 11,168 | 89 | 0.9x |
Wendell, NC | 9,847 | 94 | 1.0x |
Zebulon, NC | 6,958 | 97 | 1.0x |
Selma, NC | 6,317 | 88 | 0.9x |