Cost of living in Elizabeth City 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 Elizabeth City 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 Elizabeth City is 98, with 100 being the average.
The cost of living index in Elizabeth City is 1.0x lower than the national average.
Elizabeth City ranks as the #92 cheapest in North Carolina out of 153.
Elizabeth City ranks as the #2,890 cheapest out of 6,412 in the US.
The median home value in Elizabeth City is $150,700.
The median income in Elizabeth City is $44,759.
According to the most recent data on the cost of living, Elizabeth City has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to North Carolina, Elizabeth City has a cost of living index that's 1.0x higher than North Carolina's index of 95.
The standard of living in Elizabeth City ranks as #92 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Elizabeth City ranks as the #61 most expensive place in the Tar Heel State.
For more reading on life in Elizabeth City, check out:
Six factors go into calculating the cost of living index in Elizabeth City. Here is how it fairs on each of the criteria:
The Services index in Elizabeth City is 108.
The Groceries index in Elizabeth City is 101.
The Health index in Elizabeth City is 107.
The Housing index in Elizabeth City is 73.
The Transportation index in Elizabeth City is 107.
The Utilities index in Elizabeth City is 108.
Living Expense | Elizabeth City | North Carolina | National Average | |
---|---|---|---|---|
Overall | 98 | 95 | 100 | |
Services | 108 | 97 | 100 | |
Groceries | 101 | 98 | 100 | |
Health | 107 | 108 | 100 | |
Housing | 73 | 91 | 100 | |
Transportation | 107 | 92 | 100 | |
Utilities | 108 | 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 Elizabeth City is $150,700.
The Median Rent in Elizabeth City is $948.
The Median Income in Elizabeth City is $44,759.
The Home Value To Income in Elizabeth City is 3.4x.
The Rent To Monthly Income in Elizabeth City is 0.25x.
Statistic | Elizabeth City | North Carolina | United States |
---|---|---|---|
Median Home Value | $150,700 | $197,500 | $244,900 |
Median Rent | $948 | $988 | $1,163 |
Median Income | $44,759 | $60,516 | $69,021 |
Home Value To Income | 3.4x | 3.3x | 3.5x |
Rent To Monthly Income | 0.25x | 0.2x | 0.2x |
Item | Elizabeth City | North Carolina |
---|---|---|
Shampoo | $0.94 | $1.06 |
Movie | $10.99 | $10.68 |
Bowling | $17.82 | $14.67 |
Haircut | $12.9 | $18.62 |
Beauty Salon | $41.19 | $39.05 |
Item | Elizabeth City | North Carolina |
---|---|---|
Ground Beef | $4.76 | $4.22 |
Fried Chicken | $1.0 | $1.39 |
Milk | $2.12 | $2.05 |
Potatoes | $4.28 | $3.29 |
Pizza | $11.15 | $10.62 |
Beer | $10.06 | $9.38 |
Toothpaste | $2.46 | $2.34 |
Item | Elizabeth City | North Carolina |
---|---|---|
Optometrist | $98.67 | $108.57 |
Doctor | $130.0 | $116.17 |
Dentist | $115.5 | $99.13 |
Item | Elizabeth City | North Carolina |
---|---|---|
Gasoline | $2.37 | $2.22 |
Tire Balancing | $53.33 | $50.07 |
Item | Elizabeth City | North Carolina |
---|---|---|
All Electricity | $198.58 | $167.67 |
Phone | $179.92 | $175.64 |