Cost of living in Lumberton 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 Lumberton 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 Lumberton is 90, with 100 being the average.
The cost of living index in Lumberton is 0.9x lower than the national average.
Lumberton ranks as the #39 cheapest in North Carolina out of 153.
Lumberton ranks as the #1,633 cheapest out of 6,412 in the US.
The median home value in Lumberton is $112,300.
The median income in Lumberton is $38,514.
According to the most recent data on the cost of living, Lumberton has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to North Carolina, Lumberton has a cost of living index that's 0.9x lower than North Carolina's index of 95.
The standard of living in Lumberton ranks as #39 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Lumberton ranks as the #114 most expensive place in the Tar Heel State.
For more reading on life in Lumberton, check out:
Six factors go into calculating the cost of living index in Lumberton. Here is how it fairs on each of the criteria:
The Services index in Lumberton is 104.
The Groceries index in Lumberton is 99.
The Health index in Lumberton is 106.
The Housing index in Lumberton is 57.
The Transportation index in Lumberton is 108.
The Utilities index in Lumberton is 105.
Living Expense | Lumberton | North Carolina | National Average | |
---|---|---|---|---|
Overall | 90 | 95 | 100 | |
Services | 104 | 97 | 100 | |
Groceries | 99 | 98 | 100 | |
Health | 106 | 108 | 100 | |
Housing | 57 | 91 | 100 | |
Transportation | 108 | 92 | 100 | |
Utilities | 105 | 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 Lumberton is $112,300.
The Median Rent in Lumberton is $696.
The Median Income in Lumberton is $38,514.
The Home Value To Income in Lumberton is 2.9x.
The Rent To Monthly Income in Lumberton is 0.22x.
Statistic | Lumberton | North Carolina | United States |
---|---|---|---|
Median Home Value | $112,300 | $197,500 | $244,900 |
Median Rent | $696 | $988 | $1,163 |
Median Income | $38,514 | $60,516 | $69,021 |
Home Value To Income | 2.9x | 3.3x | 3.5x |
Rent To Monthly Income | 0.22x | 0.2x | 0.2x |
Item | Lumberton | 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 | Lumberton | 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 | Lumberton | North Carolina |
---|---|---|
Optometrist | $116.4 | $108.57 |
Doctor | $121.67 | $116.17 |
Dentist | $120.22 | $99.13 |
Item | Lumberton | North Carolina |
---|---|---|
Gasoline | $2.5 | $2.22 |
Tire Balancing | $63.96 | $50.07 |
Item | Lumberton | North Carolina |
---|---|---|
All Electricity | $180.8 | $167.67 |
Phone | $177.09 | $175.64 |
The cost of living varies in the cities and towns around Lumberton. Here's a quick look at the cost of living in the most populous nearby places:
Fayetteville, NC has a cost of living index of 91, 1.0x Lumberton.
Hope Mills, NC has a cost of living index of 92, 1.0x Lumberton.
Pinehurst, NC has a cost of living index of 110, 1.2x Lumberton.
City | Population | Cost Of Living | Vs. Lumberton |
---|---|---|---|
Fayetteville, NC | 208,497 | 91 | 1.0x |
Hope Mills, NC | 17,421 | 92 | 1.0x |
Pinehurst, NC | 17,250 | 110 | 1.2x |
Laurinburg, NC | 15,242 | 88 | 1.0x |
Southern Pines, NC | 15,156 | 103 | 1.1x |
Aberdeen, NC | 8,333 | 93 | 1.0x |
Clinton, NC | 8,124 | 87 | 1.0x |
Bennettsville, SC | 7,306 | 85 | 0.9x |
Hamlet, NC | 6,098 | 89 | 1.0x |