Cost of living in Southern Pines 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 Southern Pines 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 Southern Pines is 103, with 100 being the average.
The cost of living index in Southern Pines is 1.0x higher than the national average.
Southern Pines ranks as the #111 cheapest in North Carolina out of 153.
Southern Pines ranks as the #3,487 cheapest out of 6,412 in the US.
The median home value in Southern Pines is $301,200.
The median income in Southern Pines is $69,792.
According to the most recent data on the cost of living, Southern Pines has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to North Carolina, Southern Pines has a cost of living index that's 1.1x higher than North Carolina's index of 95.
The standard of living in Southern Pines ranks as #111 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Southern Pines ranks as the #42 most expensive place in the Tar Heel State.
For more reading on life in Southern Pines, check out:
Six factors go into calculating the cost of living index in Southern Pines. Here is how it fairs on each of the criteria:
The Services index in Southern Pines is 91.
The Groceries index in Southern Pines is 94.
The Health index in Southern Pines is 97.
The Housing index in Southern Pines is 129.
The Transportation index in Southern Pines is 95.
The Utilities index in Southern Pines is 90.
Living Expense | Southern Pines | North Carolina | National Average | |
---|---|---|---|---|
Overall | 103 | 95 | 100 | |
Services | 91 | 97 | 100 | |
Groceries | 94 | 98 | 100 | |
Health | 97 | 108 | 100 | |
Housing | 129 | 91 | 100 | |
Transportation | 95 | 92 | 100 | |
Utilities | 90 | 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 Southern Pines is $301,200.
The Median Rent in Southern Pines is $997.
The Median Income in Southern Pines is $69,792.
The Home Value To Income in Southern Pines is 4.3x.
The Rent To Monthly Income in Southern Pines is 0.17x.
Statistic | Southern Pines | North Carolina | United States |
---|---|---|---|
Median Home Value | $301,200 | $197,500 | $244,900 |
Median Rent | $997 | $988 | $1,163 |
Median Income | $69,792 | $60,516 | $69,021 |
Home Value To Income | 4.3x | 3.3x | 3.5x |
Rent To Monthly Income | 0.17x | 0.2x | 0.2x |
Item | Southern Pines | North Carolina |
---|---|---|
Shampoo | $0.9 | $1.06 |
Movie | $13.04 | $10.68 |
Bowling | $4.66 | $14.67 |
Haircut | $12.5 | $18.62 |
Beauty Salon | $33.5 | $39.05 |
Item | Southern Pines | North Carolina |
---|---|---|
Ground Beef | $3.41 | $4.22 |
Fried Chicken | $1.22 | $1.39 |
Milk | $2.42 | $2.05 |
Potatoes | $2.95 | $3.29 |
Pizza | $8.49 | $10.62 |
Beer | $8.77 | $9.38 |
Toothpaste | $1.75 | $2.34 |
Item | Southern Pines | North Carolina |
---|---|---|
Optometrist | $104.06 | $108.57 |
Doctor | $80.0 | $116.17 |
Dentist | $105.0 | $99.13 |
Item | Southern Pines | North Carolina |
---|---|---|
Gasoline | $2.24 | $2.22 |
Tire Balancing | $38.33 | $50.07 |
Item | Southern Pines | North Carolina |
---|---|---|
All Electricity | $144.16 | $167.67 |
Phone | $27.99 | $175.64 |
The cost of living varies in the cities and towns around Southern Pines. 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, 0.9x Southern Pines.
Apex, NC has a cost of living index of 112, 1.1x Southern Pines.
Holly Springs, NC has a cost of living index of 111, 1.1x Southern Pines.
City | Population | Cost Of Living | Vs. Southern Pines |
---|---|---|---|
Fayetteville, NC | 208,497 | 91 | 0.9x |
Apex, NC | 58,066 | 112 | 1.1x |
Holly Springs, NC | 40,198 | 111 | 1.1x |
Fuquay-Varina, NC | 33,135 | 105 | 1.0x |
Asheboro, NC | 26,729 | 83 | 0.8x |
Hope Mills, NC | 17,421 | 92 | 0.9x |
Pinehurst, NC | 17,250 | 110 | 1.1x |
Albemarle, NC | 16,318 | 87 | 0.8x |
Aberdeen, NC | 8,333 | 93 | 0.9x |