Tarboro, NC Cost Of Living
Cost Of Living In Tarboro, NC Summary
Cost of living in Tarboro 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 Tarboro 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 Tarboro is 88, with 100 being the average.
The cost of living index in Tarboro is 0.9x lower than the national average.
Tarboro ranks as the #24 cheapest in North Carolina out of 153.
Tarboro ranks as the #1,278 cheapest out of 6,412 in the US.
The median home value in Tarboro is $132,800.
The median income in Tarboro is $41,281.
Table Of Contents
Tarboro's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Tarboro, NC?
According to the most recent data on the cost of living, Tarboro has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to North Carolina, Tarboro has a cost of living index that's 0.9x lower than North Carolina's index of 95.
The standard of living in Tarboro ranks as #24 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Tarboro ranks as the #129 most expensive place in the Tar Heel State.
For more reading on life in Tarboro, check out:
- Living In Tarboro
- Search Homes For Sale In Tarboro, NC
In North Carolina
In America
Tarboro Cost Of Living Vs. North Carolina
Six factors go into calculating the cost of living index in Tarboro. Here is how it fairs on each of the criteria:
The Services index in Tarboro is 104.
The Groceries index in Tarboro is 92.
The Health index in Tarboro is 106.
The Housing index in Tarboro is 59.
The Transportation index in Tarboro is 92.
The Utilities index in Tarboro is 97.
| Living Expense | Tarboro | North Carolina | National Average | |
|---|---|---|---|---|
| Overall | 88 | 95 | 100 | |
| Services | 104 | 97 | 100 | |
| Groceries | 92 | 98 | 100 | |
| Health | 106 | 108 | 100 | |
| Housing | 59 | 91 | 100 | |
| Transportation | 92 | 92 | 100 | |
| Utilities | 97 | 95 | 100 | |
Tarboro, 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 Tarboro is $132,800.
The Median Rent in Tarboro is $613.
The Median Income in Tarboro is $41,281.
The Home Value To Income in Tarboro is 3.2x.
The Rent To Monthly Income in Tarboro is 0.18x.
| Statistic | Tarboro | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $132,800 | $197,500 | $244,900 |
| Median Rent | $613 | $988 | $1,163 |
| Median Income | $41,281 | $60,516 | $69,021 |
| Home Value To Income | 3.2x | 3.3x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Tarboro, NC Costs By Category
Detailed Tarboro Services Costs Vs. North Carolina
| Item | Tarboro | 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 Tarboro Groceries Costs Vs. North Carolina
| Item | Tarboro | 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 Tarboro Health Costs Vs. North Carolina
| Item | Tarboro | North Carolina |
|---|---|---|
| Optometrist | $98.89 | $108.57 |
| Doctor | $145.22 | $116.17 |
| Dentist | $99.0 | $99.13 |
Detailed Tarboro Transportation Costs Vs. North Carolina
| Item | Tarboro | North Carolina |
|---|---|---|
| Gasoline | $2.27 | $2.22 |
| Tire Balancing | $37.07 | $50.07 |
Detailed Tarboro Utilities Costs Vs. North Carolina
| Item | Tarboro | North Carolina |
|---|---|---|
| All Electricity | $162.8 | $167.67 |
| Phone | $179.92 | $175.64 |
Tarboro SnackAbility
/10
Cost Of Living In Cities Around Tarboro
The cost of living varies in the cities and towns around Tarboro. 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, 1.1x Tarboro.
Rocky Mount, NC has a cost of living index of 86, 1.0x Tarboro.
Wilson, NC has a cost of living index of 92, 1.0x Tarboro.
| City | Population | Cost Of Living | Vs. Tarboro |
|---|---|---|---|
| Greenville, NC | 87,815 | 94 | 1.1x |
| Rocky Mount, NC | 54,375 | 86 | 1.0x |
| Wilson, NC | 47,914 | 92 | 1.0x |
| Roanoke Rapids, NC | 15,294 | 90 | 1.0x |
| Winterville, NC | 10,336 | 97 | 1.1x |
| Wendell, NC | 9,847 | 94 | 1.1x |
| Washington, NC | 9,754 | 99 | 1.1x |
| Selma, NC | 6,317 | 88 | 1.0x |
| Nashville, NC | 5,626 | 90 | 1.0x |
| Williamston, NC | 5,221 | 93 | 1.1x |
