Cost of living in East Flat Rock 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 East Flat Rock 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 East Flat Rock is 93, with 100 being the average.
The cost of living index in East Flat Rock is 0.9x lower than the national average.
East Flat Rock ranks as the #63 cheapest in North Carolina out of 153.
East Flat Rock ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in East Flat Rock is $167,300.
The median income in East Flat Rock is $51,250.
According to the most recent data on the cost of living, East Flat Rock has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to North Carolina, East Flat Rock has a cost of living index that's 1.0x lower than North Carolina's index of 95.
The standard of living in East Flat Rock ranks as #63 most affordable out of the 153 places we measured in North Carolina. By definition, that implies East Flat Rock ranks as the #90 most expensive place in the Tar Heel State.
For more reading on life in East Flat Rock, check out:
Six factors go into calculating the cost of living index in East Flat Rock. Here is how it fairs on each of the criteria:
The Services index in East Flat Rock is 100.
The Groceries index in East Flat Rock is 100.
The Health index in East Flat Rock is 117.
The Housing index in East Flat Rock is 67.
The Transportation index in East Flat Rock is 103.
The Utilities index in East Flat Rock is 105.
Living Expense | East Flat Rock | North Carolina | National Average | |
---|---|---|---|---|
Overall | 93 | 95 | 100 | |
Services | 100 | 97 | 100 | |
Groceries | 100 | 98 | 100 | |
Health | 117 | 108 | 100 | |
Housing | 67 | 91 | 100 | |
Transportation | 103 | 92 | 100 | |
Utilities | 105 | 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 East Flat Rock is $167,300.
The Median Rent in East Flat Rock is $867.
The Median Income in East Flat Rock is $51,250.
The Home Value To Income in East Flat Rock is 3.3x.
The Rent To Monthly Income in East Flat Rock is 0.2x.
Statistic | East Flat Rock | North Carolina | United States |
---|---|---|---|
Median Home Value | $167,300 | $197,500 | $244,900 |
Median Rent | $867 | $988 | $1,163 |
Median Income | $51,250 | $60,516 | $69,021 |
Home Value To Income | 3.3x | 3.3x | 3.5x |
Rent To Monthly Income | 0.2x | 0.2x | 0.2x |
Item | East Flat Rock | North Carolina |
---|---|---|
Shampoo | $1.13 | $1.06 |
Movie | $12.49 | $10.68 |
Bowling | $15.0 | $14.67 |
Haircut | $25.0 | $18.62 |
Beauty Salon | $50.0 | $39.05 |
Item | East Flat Rock | North Carolina |
---|---|---|
Ground Beef | $4.12 | $4.22 |
Fried Chicken | $1.19 | $1.39 |
Milk | $1.79 | $2.05 |
Potatoes | $3.69 | $3.29 |
Pizza | $10.49 | $10.62 |
Beer | $10.16 | $9.38 |
Toothpaste | $2.69 | $2.34 |
Item | East Flat Rock | North Carolina |
---|---|---|
Optometrist | $117.32 | $108.57 |
Doctor | $116.59 | $116.17 |
Dentist | $128.33 | $99.13 |
Item | East Flat Rock | North Carolina |
---|---|---|
Gasoline | $2.19 | $2.22 |
Tire Balancing | $56.16 | $50.07 |
Item | East Flat Rock | North Carolina |
---|---|---|
All Electricity | $185.77 | $167.67 |
Phone | $179.92 | $175.64 |
The cost of living varies in the cities and towns around East Flat Rock. Here's a quick look at the cost of living in the most populous nearby places:
Hendersonville, NC has a cost of living index of 98, 1.1x East Flat Rock.
Fletcher, NC has a cost of living index of 104, 1.1x East Flat Rock.
Brevard, NC has a cost of living index of 98, 1.1x East Flat Rock.
City | Population | Cost Of Living | Vs. East Flat Rock |
---|---|---|---|
Hendersonville, NC | 14,878 | 98 | 1.1x |
Fletcher, NC | 7,935 | 104 | 1.1x |
Brevard, NC | 7,712 | 98 | 1.1x |
Etowah, NC | 7,464 | 99 | 1.1x |
Mills River, NC | 7,082 | 105 | 1.1x |