Cost of living in Etowah 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 Etowah 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 Etowah is 99, with 100 being the average.
The cost of living index in Etowah is 1.0x lower than the national average.
Etowah ranks as the #99 cheapest in North Carolina out of 153.
Etowah ranks as the #3,027 cheapest out of 6,412 in the US.
The median home value in Etowah is $259,500.
The median income in Etowah is $66,293.
According to the most recent data on the cost of living, Etowah has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to North Carolina, Etowah has a cost of living index that's 1.0x higher than North Carolina's index of 95.
The standard of living in Etowah ranks as #99 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Etowah ranks as the #54 most expensive place in the Tar Heel State.
For more reading on life in Etowah, check out:
Six factors go into calculating the cost of living index in Etowah. Here is how it fairs on each of the criteria:
The Services index in Etowah is 101.
The Groceries index in Etowah is 97.
The Health index in Etowah is 114.
The Housing index in Etowah is 99.
The Transportation index in Etowah is 104.
The Utilities index in Etowah is 104.
Living Expense | Etowah | North Carolina | National Average | |
---|---|---|---|---|
Overall | 99 | 95 | 100 | |
Services | 101 | 97 | 100 | |
Groceries | 97 | 98 | 100 | |
Health | 114 | 108 | 100 | |
Housing | 99 | 91 | 100 | |
Transportation | 104 | 92 | 100 | |
Utilities | 104 | 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 Etowah is $259,500.
The Median Rent in Etowah is $937.
The Median Income in Etowah is $66,293.
The Home Value To Income in Etowah is 3.9x.
The Rent To Monthly Income in Etowah is 0.17x.
Statistic | Etowah | North Carolina | United States |
---|---|---|---|
Median Home Value | $259,500 | $197,500 | $244,900 |
Median Rent | $937 | $988 | $1,163 |
Median Income | $66,293 | $60,516 | $69,021 |
Home Value To Income | 3.9x | 3.3x | 3.5x |
Rent To Monthly Income | 0.17x | 0.2x | 0.2x |
Item | Etowah | 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 | Etowah | 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 | Etowah | North Carolina |
---|---|---|
Optometrist | $117.32 | $108.57 |
Doctor | $116.59 | $116.17 |
Dentist | $128.33 | $99.13 |
Item | Etowah | North Carolina |
---|---|---|
Gasoline | $2.19 | $2.22 |
Tire Balancing | $56.16 | $50.07 |
Item | Etowah | North Carolina |
---|---|---|
All Electricity | $185.77 | $167.67 |
Phone | $179.92 | $175.64 |
The cost of living varies in the cities and towns around Etowah. Here's a quick look at the cost of living in the most populous nearby places:
Asheville, NC has a cost of living index of 106, 1.1x Etowah.
Hendersonville, NC has a cost of living index of 98, 1.0x Etowah.
Fletcher, NC has a cost of living index of 104, 1.1x Etowah.
City | Population | Cost Of Living | Vs. Etowah |
---|---|---|---|
Asheville, NC | 93,272 | 106 | 1.1x |
Hendersonville, NC | 14,878 | 98 | 1.0x |
Fletcher, NC | 7,935 | 104 | 1.1x |
Brevard, NC | 7,712 | 98 | 1.0x |
Mills River, NC | 7,082 | 105 | 1.1x |