Rocky Mount, NC Cost Of Living
Cost Of Living In Rocky Mount, NC Summary
Cost of living in Rocky Mount 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 Rocky Mount 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 Rocky Mount is 86, with 100 being the average.
The cost of living index in Rocky Mount is 0.9x lower than the national average.
Rocky Mount ranks as the #10 cheapest in North Carolina out of 153.
Rocky Mount ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Rocky Mount is $114,400.
The median income in Rocky Mount is $46,396.
Table Of Contents
Rocky Mount's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Rocky Mount, NC?
According to the most recent data on the cost of living, Rocky Mount has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to North Carolina, Rocky Mount has a cost of living index that's 0.9x lower than North Carolina's index of 95.
The standard of living in Rocky Mount ranks as #10 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Rocky Mount ranks as the #143 most expensive place in the Tar Heel State.
For more reading on life in Rocky Mount, check out:
- Living In Rocky Mount
- Rocky Mount Crime Report
- Search Homes For Sale In Rocky Mount, NC
In North Carolina
In America
Rocky Mount Cost Of Living Vs. North Carolina
Six factors go into calculating the cost of living index in Rocky Mount. Here is how it fairs on each of the criteria:
The Services index in Rocky Mount is 105.
The Groceries index in Rocky Mount is 91.
The Health index in Rocky Mount is 105.
The Housing index in Rocky Mount is 64.
The Transportation index in Rocky Mount is 95.
The Utilities index in Rocky Mount is 99.
| Living Expense | Rocky Mount | North Carolina | National Average | |
|---|---|---|---|---|
| Overall | 86 | 95 | 100 | |
| Services | 105 | 97 | 100 | |
| Groceries | 91 | 98 | 100 | |
| Health | 105 | 108 | 100 | |
| Housing | 64 | 91 | 100 | |
| Transportation | 95 | 92 | 100 | |
| Utilities | 99 | 95 | 100 | |
Rocky Mount, NC Housing Cost Breakdown
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 Rocky Mount is $114,400.
The Median Rent in Rocky Mount is $848.
The Median Income in Rocky Mount is $46,396.
The Home Value To Income in Rocky Mount is 2.5x.
The Rent To Monthly Income in Rocky Mount is 0.22x.
| Statistic | Rocky Mount | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $114,400 | $197,500 | $244,900 |
| Median Rent | $848 | $988 | $1,163 |
| Median Income | $46,396 | $60,516 | $69,021 |
| Home Value To Income | 2.5x | 3.3x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Rocky Mount, NC Costs By Category
Detailed Rocky Mount Services Costs Vs. North Carolina
| Item | Rocky Mount | 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 |
Detailed Rocky Mount Groceries Costs Vs. North Carolina
| Item | Rocky Mount | 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 |
Detailed Rocky Mount Health Costs Vs. North Carolina
| Item | Rocky Mount | North Carolina |
|---|---|---|
| Optometrist | $98.89 | $108.57 |
| Doctor | $145.22 | $116.17 |
| Dentist | $99.0 | $99.13 |
Detailed Rocky Mount Transportation Costs Vs. North Carolina
| Item | Rocky Mount | North Carolina |
|---|---|---|
| Gasoline | $2.27 | $2.22 |
| Tire Balancing | $37.07 | $50.07 |
Detailed Rocky Mount Utilities Costs Vs. North Carolina
| Item | Rocky Mount | North Carolina |
|---|---|---|
| All Electricity | $162.8 | $167.67 |
| Phone | $179.92 | $175.64 |
Rocky Mount SnackAbility
/10
Cost Of Living In Cities Around Rocky Mount
The cost of living varies in the cities and towns around Rocky Mount. 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, 1.2x Rocky Mount.
Greenville, NC has a cost of living index of 94, 1.1x Rocky Mount.
Wake Forest, NC has a cost of living index of 110, 1.3x Rocky Mount.
| City | Population | Cost Of Living | Vs. Rocky Mount |
|---|---|---|---|
| Raleigh, NC | 462,219 | 105 | 1.2x |
| Greenville, NC | 87,815 | 94 | 1.1x |
| Wake Forest, NC | 46,387 | 110 | 1.3x |
| Garner, NC | 30,859 | 99 | 1.2x |
| Clayton, NC | 25,486 | 97 | 1.1x |
| Knightdale, NC | 18,614 | 99 | 1.2x |
| Roanoke Rapids, NC | 15,294 | 90 | 1.0x |
| Tarboro, NC | 10,733 | 88 | 1.0x |
| Winterville, NC | 10,336 | 97 | 1.1x |
| Wendell, NC | 9,847 | 94 | 1.1x |
