Cost of living in Roanoke Rapids 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 Roanoke Rapids 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 Roanoke Rapids is 90, with 100 being the average.
The cost of living index in Roanoke Rapids is 0.9x lower than the national average.
Roanoke Rapids ranks as the #39 cheapest in North Carolina out of 153.
Roanoke Rapids ranks as the #1,633 cheapest out of 6,412 in the US.
The median home value in Roanoke Rapids is $110,500.
The median income in Roanoke Rapids is $43,704.
According to the most recent data on the cost of living, Roanoke Rapids has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to North Carolina, Roanoke Rapids has a cost of living index that's 0.9x lower than North Carolina's index of 95.
The standard of living in Roanoke Rapids ranks as #39 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Roanoke Rapids ranks as the #114 most expensive place in the Tar Heel State.
For more reading on life in Roanoke Rapids, check out:
Six factors go into calculating the cost of living index in Roanoke Rapids. Here is how it fairs on each of the criteria:
The Services index in Roanoke Rapids is 101.
The Groceries index in Roanoke Rapids is 93.
The Health index in Roanoke Rapids is 106.
The Housing index in Roanoke Rapids is 67.
The Transportation index in Roanoke Rapids is 95.
The Utilities index in Roanoke Rapids is 97.
Living Expense | Roanoke Rapids | North Carolina | National Average | |
---|---|---|---|---|
Overall | 90 | 95 | 100 | |
Services | 101 | 97 | 100 | |
Groceries | 93 | 98 | 100 | |
Health | 106 | 108 | 100 | |
Housing | 67 | 91 | 100 | |
Transportation | 95 | 92 | 100 | |
Utilities | 97 | 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 Roanoke Rapids is $110,500.
The Median Rent in Roanoke Rapids is $701.
The Median Income in Roanoke Rapids is $43,704.
The Home Value To Income in Roanoke Rapids is 2.5x.
The Rent To Monthly Income in Roanoke Rapids is 0.19x.
Statistic | Roanoke Rapids | North Carolina | United States |
---|---|---|---|
Median Home Value | $110,500 | $197,500 | $244,900 |
Median Rent | $701 | $988 | $1,163 |
Median Income | $43,704 | $60,516 | $69,021 |
Home Value To Income | 2.5x | 3.3x | 3.5x |
Rent To Monthly Income | 0.19x | 0.2x | 0.2x |
Item | Roanoke Rapids | 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 | Roanoke Rapids | 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 | Roanoke Rapids | North Carolina |
---|---|---|
Optometrist | $98.89 | $108.57 |
Doctor | $145.22 | $116.17 |
Dentist | $99.0 | $99.13 |
Item | Roanoke Rapids | North Carolina |
---|---|---|
Gasoline | $2.27 | $2.22 |
Tire Balancing | $37.07 | $50.07 |
Item | Roanoke Rapids | North Carolina |
---|---|---|
All Electricity | $162.8 | $167.67 |
Phone | $179.92 | $175.64 |
The cost of living varies in the cities and towns around Roanoke Rapids. Here's a quick look at the cost of living in the most populous nearby places:
Rocky Mount, NC has a cost of living index of 86, 1.0x Roanoke Rapids.
Henderson, NC has a cost of living index of 84, 0.9x Roanoke Rapids.
Tarboro, NC has a cost of living index of 88, 1.0x Roanoke Rapids.
City | Population | Cost Of Living | Vs. Roanoke Rapids |
---|---|---|---|
Rocky Mount, NC | 54,375 | 86 | 1.0x |
Henderson, NC | 15,084 | 84 | 0.9x |
Tarboro, NC | 10,733 | 88 | 1.0x |
Franklin, VA | 8,249 | 98 | 1.1x |
Emporia, VA | 5,761 | 88 | 1.0x |
Nashville, NC | 5,626 | 90 | 1.0x |