Cost of living in Half Moon 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 Half Moon 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 Half Moon is 93, with 100 being the average.
The cost of living index in Half Moon is 0.9x lower than the national average.
Half Moon ranks as the #63 cheapest in North Carolina out of 153.
Half Moon ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in Half Moon is $156,100.
The median income in Half Moon is $54,550.
According to the most recent data on the cost of living, Half Moon has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to North Carolina, Half Moon has a cost of living index that's 1.0x lower than North Carolina's index of 95.
The standard of living in Half Moon ranks as #63 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Half Moon ranks as the #90 most expensive place in the Tar Heel State.
For more reading on life in Half Moon, check out:
Six factors go into calculating the cost of living index in Half Moon. Here is how it fairs on each of the criteria:
The Services index in Half Moon is 101.
The Groceries index in Half Moon is 100.
The Health index in Half Moon is 105.
The Housing index in Half Moon is 79.
The Transportation index in Half Moon is 109.
The Utilities index in Half Moon is 104.
Living Expense | Half Moon | North Carolina | National Average | |
---|---|---|---|---|
Overall | 93 | 95 | 100 | |
Services | 101 | 97 | 100 | |
Groceries | 100 | 98 | 100 | |
Health | 105 | 108 | 100 | |
Housing | 79 | 91 | 100 | |
Transportation | 109 | 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 Half Moon is $156,100.
The Median Rent in Half Moon is $927.
The Median Income in Half Moon is $54,550.
The Home Value To Income in Half Moon is 2.9x.
The Rent To Monthly Income in Half Moon is 0.2x.
Statistic | Half Moon | North Carolina | United States |
---|---|---|---|
Median Home Value | $156,100 | $197,500 | $244,900 |
Median Rent | $927 | $988 | $1,163 |
Median Income | $54,550 | $60,516 | $69,021 |
Home Value To Income | 2.9x | 3.3x | 3.5x |
Rent To Monthly Income | 0.2x | 0.2x | 0.2x |
Item | Half Moon | North Carolina |
---|---|---|
Shampoo | $1.07 | $1.06 |
Movie | $10.35 | $10.68 |
Bowling | $13.67 | $14.67 |
Haircut | $15.0 | $18.62 |
Beauty Salon | $42.5 | $39.05 |
Item | Half Moon | North Carolina |
---|---|---|
Ground Beef | $4.32 | $4.22 |
Fried Chicken | $1.48 | $1.39 |
Milk | $2.58 | $2.05 |
Potatoes | $4.3 | $3.29 |
Pizza | $8.99 | $10.62 |
Beer | $9.69 | $9.38 |
Toothpaste | $3.23 | $2.34 |
Item | Half Moon | North Carolina |
---|---|---|
Optometrist | $116.4 | $108.57 |
Doctor | $121.67 | $116.17 |
Dentist | $120.22 | $99.13 |
Item | Half Moon | North Carolina |
---|---|---|
Gasoline | $2.5 | $2.22 |
Tire Balancing | $63.96 | $50.07 |
Item | Half Moon | North Carolina |
---|---|---|
All Electricity | $180.8 | $167.67 |
Phone | $177.09 | $175.64 |
The cost of living varies in the cities and towns around Half Moon. Here's a quick look at the cost of living in the most populous nearby places:
Wilmington, NC has a cost of living index of 105, 1.1x Half Moon.
Jacksonville, NC has a cost of living index of 98, 1.1x Half Moon.
New Bern, NC has a cost of living index of 98, 1.1x Half Moon.
City | Population | Cost Of Living | Vs. Half Moon |
---|---|---|---|
Wilmington, NC | 115,976 | 105 | 1.1x |
Jacksonville, NC | 73,224 | 98 | 1.1x |
New Bern, NC | 31,058 | 98 | 1.1x |
Havelock, NC | 17,570 | 96 | 1.0x |
Murraysville, NC | 15,976 | 102 | 1.1x |
Piney Green, NC | 15,149 | 98 | 1.1x |
Winterville, NC | 10,336 | 97 | 1.0x |
Kings Grant, NC | 9,071 | 97 | 1.0x |
Ogden, NC | 8,613 | 112 | 1.2x |
Porters Neck, NC | 7,221 | 128 | 1.4x |