Cost of living in Garner 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 Garner 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 Garner is 99, with 100 being the average.
The cost of living index in Garner is 1.0x lower than the national average.
Garner ranks as the #99 cheapest in North Carolina out of 153.
Garner ranks as the #3,027 cheapest out of 6,412 in the US.
The median home value in Garner is $236,600.
The median income in Garner is $70,007.
According to the most recent data on the cost of living, Garner has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to North Carolina, Garner has a cost of living index that's 1.0x higher than North Carolina's index of 95.
The standard of living in Garner ranks as #99 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Garner ranks as the #54 most expensive place in the Tar Heel State.
For more reading on life in Garner, check out:
Six factors go into calculating the cost of living index in Garner. Here is how it fairs on each of the criteria:
The Services index in Garner is 105.
The Groceries index in Garner is 92.
The Health index in Garner is 106.
The Housing index in Garner is 91.
The Transportation index in Garner is 95.
The Utilities index in Garner is 98.
Living Expense | Garner | North Carolina | National Average | |
---|---|---|---|---|
Overall | 99 | 95 | 100 | |
Services | 105 | 97 | 100 | |
Groceries | 92 | 98 | 100 | |
Health | 106 | 108 | 100 | |
Housing | 91 | 91 | 100 | |
Transportation | 95 | 92 | 100 | |
Utilities | 98 | 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 Garner is $236,600.
The Median Rent in Garner is $1,266.
The Median Income in Garner is $70,007.
The Home Value To Income in Garner is 3.4x.
The Rent To Monthly Income in Garner is 0.22x.
Statistic | Garner | North Carolina | United States |
---|---|---|---|
Median Home Value | $236,600 | $197,500 | $244,900 |
Median Rent | $1,266 | $988 | $1,163 |
Median Income | $70,007 | $60,516 | $69,021 |
Home Value To Income | 3.4x | 3.3x | 3.5x |
Rent To Monthly Income | 0.22x | 0.2x | 0.2x |
Item | Garner | 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 | Garner | 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 | Garner | North Carolina |
---|---|---|
Optometrist | $98.89 | $108.57 |
Doctor | $145.22 | $116.17 |
Dentist | $99.0 | $99.13 |
Item | Garner | North Carolina |
---|---|---|
Gasoline | $2.27 | $2.22 |
Tire Balancing | $37.07 | $50.07 |
Item | Garner | North Carolina |
---|---|---|
All Electricity | $162.8 | $167.67 |
Phone | $179.92 | $175.64 |
The cost of living varies in the cities and towns around Garner. 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 Garner.
Cary, NC has a cost of living index of 114, 1.2x Garner.
Apex, NC has a cost of living index of 112, 1.1x Garner.
City | Population | Cost Of Living | Vs. Garner |
---|---|---|---|
Raleigh, NC | 462,219 | 105 | 1.1x |
Cary, NC | 171,603 | 114 | 1.2x |
Apex, NC | 58,066 | 112 | 1.1x |
Wake Forest, NC | 46,387 | 110 | 1.1x |
Holly Springs, NC | 40,198 | 111 | 1.1x |
Fuquay-Varina, NC | 33,135 | 105 | 1.1x |
Morrisville, NC | 28,824 | 107 | 1.1x |
Clayton, NC | 25,486 | 97 | 1.0x |
Knightdale, NC | 18,614 | 99 | 1.0x |
Wendell, NC | 9,847 | 94 | 0.9x |