Cost of living in New Bern 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 New Bern 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 New Bern is 98, with 100 being the average.
The cost of living index in New Bern is 1.0x lower than the national average.
New Bern ranks as the #92 cheapest in North Carolina out of 153.
New Bern ranks as the #2,890 cheapest out of 6,412 in the US.
The median home value in New Bern is $167,600.
The median income in New Bern is $45,829.
According to the most recent data on the cost of living, New Bern has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to North Carolina, New Bern has a cost of living index that's 1.0x higher than North Carolina's index of 95.
The standard of living in New Bern ranks as #92 most affordable out of the 153 places we measured in North Carolina. By definition, that implies New Bern ranks as the #61 most expensive place in the Tar Heel State.
For more reading on life in New Bern, check out:
Six factors go into calculating the cost of living index in New Bern. Here is how it fairs on each of the criteria:
The Services index in New Bern is 103.
The Groceries index in New Bern is 96.
The Health index in New Bern is 105.
The Housing index in New Bern is 85.
The Transportation index in New Bern is 108.
The Utilities index in New Bern is 102.
Living Expense | New Bern | North Carolina | National Average | |
---|---|---|---|---|
Overall | 98 | 95 | 100 | |
Services | 103 | 97 | 100 | |
Groceries | 96 | 98 | 100 | |
Health | 105 | 108 | 100 | |
Housing | 85 | 91 | 100 | |
Transportation | 108 | 92 | 100 | |
Utilities | 102 | 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 New Bern is $167,600.
The Median Rent in New Bern is $893.
The Median Income in New Bern is $45,829.
The Home Value To Income in New Bern is 3.7x.
The Rent To Monthly Income in New Bern is 0.23x.
Statistic | New Bern | North Carolina | United States |
---|---|---|---|
Median Home Value | $167,600 | $197,500 | $244,900 |
Median Rent | $893 | $988 | $1,163 |
Median Income | $45,829 | $60,516 | $69,021 |
Home Value To Income | 3.7x | 3.3x | 3.5x |
Rent To Monthly Income | 0.23x | 0.2x | 0.2x |
Item | New Bern | 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 | New Bern | 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 | New Bern | North Carolina |
---|---|---|
Optometrist | $116.4 | $108.57 |
Doctor | $121.67 | $116.17 |
Dentist | $120.22 | $99.13 |
Item | New Bern | North Carolina |
---|---|---|
Gasoline | $2.5 | $2.22 |
Tire Balancing | $63.96 | $50.07 |
Item | New Bern | North Carolina |
---|---|---|
All Electricity | $180.8 | $167.67 |
Phone | $177.09 | $175.64 |
The cost of living varies in the cities and towns around New Bern. Here's a quick look at the cost of living in the most populous nearby places:
Greenville, NC has a cost of living index of 94, 1.0x New Bern.
Jacksonville, NC has a cost of living index of 98, 1.0x New Bern.
Kinston, NC has a cost of living index of 88, 0.9x New Bern.
City | Population | Cost Of Living | Vs. New Bern |
---|---|---|---|
Greenville, NC | 87,815 | 94 | 1.0x |
Jacksonville, NC | 73,224 | 98 | 1.0x |
Kinston, NC | 19,888 | 88 | 0.9x |
Havelock, NC | 17,570 | 96 | 1.0x |
Piney Green, NC | 15,149 | 98 | 1.0x |
Winterville, NC | 10,336 | 97 | 1.0x |
Washington, NC | 9,754 | 99 | 1.0x |
Half Moon, NC | 8,397 | 93 | 0.9x |