Fuquay-Varina, NC Cost Of Living
Cost Of Living In Fuquay-Varina, NC Summary
Cost of living in Fuquay-Varina 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 Fuquay-Varina 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 Fuquay-Varina is 105, with 100 being the average.
The cost of living index in Fuquay-Varina is 1.1x higher than the national average.
Fuquay-Varina ranks as the #119 cheapest in North Carolina out of 153.
Fuquay-Varina ranks as the #3,676 cheapest out of 6,412 in the US.
The median home value in Fuquay-Varina is $303,400.
The median income in Fuquay-Varina is $85,047.
Table Of Contents
Fuquay-Varina's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Fuquay-Varina, NC?
According to the most recent data on the cost of living, Fuquay-Varina has an overall cost of living index of 105, which is 1.1x higher than the national index of 100.
Compared to North Carolina, Fuquay-Varina has a cost of living index that's 1.1x higher than North Carolina's index of 95.
The standard of living in Fuquay-Varina ranks as #119 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Fuquay-Varina ranks as the #34 most expensive place in the Tar Heel State.
For more reading on life in Fuquay-Varina, check out:
- Living In Fuquay-Varina
- Fuquay-Varina Crime Report
- Search Homes For Sale In Fuquay-Varina, NC
In North Carolina
In America
Fuquay-Varina Cost Of Living Vs. North Carolina
Six factors go into calculating the cost of living index in Fuquay-Varina. Here is how it fairs on each of the criteria:
The Services index in Fuquay-Varina is 103.
The Groceries index in Fuquay-Varina is 92.
The Health index in Fuquay-Varina is 106.
The Housing index in Fuquay-Varina is 111.
The Transportation index in Fuquay-Varina is 92.
The Utilities index in Fuquay-Varina is 98.
| Living Expense | Fuquay-Varina | North Carolina | National Average | |
|---|---|---|---|---|
| Overall | 105 | 95 | 100 | |
| Services | 103 | 97 | 100 | |
| Groceries | 92 | 98 | 100 | |
| Health | 106 | 108 | 100 | |
| Housing | 111 | 91 | 100 | |
| Transportation | 92 | 92 | 100 | |
| Utilities | 98 | 95 | 100 | |
Fuquay-Varina, NC Housing Cost Breakdown
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 Fuquay-Varina is $303,400.
The Median Rent in Fuquay-Varina is $1,391.
The Median Income in Fuquay-Varina is $85,047.
The Home Value To Income in Fuquay-Varina is 3.6x.
The Rent To Monthly Income in Fuquay-Varina is 0.2x.
| Statistic | Fuquay-Varina | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $303,400 | $197,500 | $244,900 |
| Median Rent | $1,391 | $988 | $1,163 |
| Median Income | $85,047 | $60,516 | $69,021 |
| Home Value To Income | 3.6x | 3.3x | 3.5x |
| Rent To Monthly Income | 0.2x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Fuquay-Varina, NC Costs By Category
Detailed Fuquay-Varina Services Costs Vs. North Carolina
| Item | Fuquay-Varina | 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 |
Detailed Fuquay-Varina Groceries Costs Vs. North Carolina
| Item | Fuquay-Varina | 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 |
Detailed Fuquay-Varina Health Costs Vs. North Carolina
| Item | Fuquay-Varina | North Carolina |
|---|---|---|
| Optometrist | $98.89 | $108.57 |
| Doctor | $145.22 | $116.17 |
| Dentist | $99.0 | $99.13 |
Detailed Fuquay-Varina Transportation Costs Vs. North Carolina
| Item | Fuquay-Varina | North Carolina |
|---|---|---|
| Gasoline | $2.27 | $2.22 |
| Tire Balancing | $37.07 | $50.07 |
Detailed Fuquay-Varina Utilities Costs Vs. North Carolina
| Item | Fuquay-Varina | North Carolina |
|---|---|---|
| All Electricity | $162.8 | $167.67 |
| Phone | $179.92 | $175.64 |
Fuquay-Varina SnackAbility
/10
Cost Of Living In Cities Around Fuquay-Varina
The cost of living varies in the cities and towns around Fuquay-Varina. 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, 1.0x Fuquay-Varina.
Cary, NC has a cost of living index of 114, 1.1x Fuquay-Varina.
Apex, NC has a cost of living index of 112, 1.1x Fuquay-Varina.
| City | Population | Cost Of Living | Vs. Fuquay-Varina |
|---|---|---|---|
| Raleigh, NC | 462,219 | 105 | 1.0x |
| Cary, NC | 171,603 | 114 | 1.1x |
| Apex, NC | 58,066 | 112 | 1.1x |
| Holly Springs, NC | 40,198 | 111 | 1.1x |
| Garner, NC | 30,859 | 99 | 0.9x |
| Morrisville, NC | 28,824 | 107 | 1.0x |
| Clayton, NC | 25,486 | 97 | 0.9x |
| Angier, NC | 5,312 | 92 | 0.9x |
