Cost of living in Trinity 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 Trinity 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 Trinity is 87, with 100 being the average.
The cost of living index in Trinity is 0.9x lower than the national average.
Trinity ranks as the #15 cheapest in North Carolina out of 153.
Trinity ranks as the #1,101 cheapest out of 6,412 in the US.
The median home value in Trinity is $149,600.
The median income in Trinity is $64,676.
According to the most recent data on the cost of living, Trinity has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to North Carolina, Trinity has a cost of living index that's 0.9x lower than North Carolina's index of 95.
The standard of living in Trinity ranks as #15 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Trinity ranks as the #138 most expensive place in the Tar Heel State.
For more reading on life in Trinity, check out:
Six factors go into calculating the cost of living index in Trinity. Here is how it fairs on each of the criteria:
The Services index in Trinity is 98.
The Groceries index in Trinity is 100.
The Health index in Trinity is 118.
The Housing index in Trinity is 73.
The Transportation index in Trinity is 76.
The Utilities index in Trinity is 98.
Living Expense | Trinity | North Carolina | National Average | |
---|---|---|---|---|
Overall | 87 | 95 | 100 | |
Services | 98 | 97 | 100 | |
Groceries | 100 | 98 | 100 | |
Health | 118 | 108 | 100 | |
Housing | 73 | 91 | 100 | |
Transportation | 76 | 92 | 100 | |
Utilities | 98 | 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 Trinity is $149,600.
The Median Rent in Trinity is $799.
The Median Income in Trinity is $64,676.
The Home Value To Income in Trinity is 2.3x.
The Rent To Monthly Income in Trinity is 0.15x.
Statistic | Trinity | North Carolina | United States |
---|---|---|---|
Median Home Value | $149,600 | $197,500 | $244,900 |
Median Rent | $799 | $988 | $1,163 |
Median Income | $64,676 | $60,516 | $69,021 |
Home Value To Income | 2.3x | 3.3x | 3.5x |
Rent To Monthly Income | 0.15x | 0.2x | 0.2x |
Item | Trinity | North Carolina |
---|---|---|
Shampoo | $1.07 | $1.06 |
Movie | $6.0 | $10.68 |
Bowling | $24.0 | $14.67 |
Haircut | $11.86 | $18.62 |
Beauty Salon | $29.33 | $39.05 |
Item | Trinity | North Carolina |
---|---|---|
Ground Beef | $3.87 | $4.22 |
Fried Chicken | $1.12 | $1.39 |
Milk | $1.74 | $2.05 |
Potatoes | $3.76 | $3.29 |
Pizza | $11.32 | $10.62 |
Beer | $10.41 | $9.38 |
Toothpaste | $1.89 | $2.34 |
Item | Trinity | North Carolina |
---|---|---|
Optometrist | $145.56 | $108.57 |
Doctor | $168.89 | $116.17 |
Dentist | $115.83 | $99.13 |
Item | Trinity | North Carolina |
---|---|---|
Gasoline | $2.11 | $2.22 |
Tire Balancing | $15.62 | $50.07 |
Item | Trinity | North Carolina |
---|---|---|
All Electricity | $158.18 | $167.67 |
Phone | $179.92 | $175.64 |
The cost of living varies in the cities and towns around Trinity. Here's a quick look at the cost of living in the most populous nearby places:
Greensboro, NC has a cost of living index of 92, 1.1x Trinity.
High Point, NC has a cost of living index of 93, 1.1x Trinity.
Thomasville, NC has a cost of living index of 87, 1.0x Trinity.
City | Population | Cost Of Living | Vs. Trinity |
---|---|---|---|
Greensboro, NC | 295,483 | 92 | 1.1x |
High Point, NC | 113,148 | 93 | 1.1x |
Thomasville, NC | 26,941 | 87 | 1.0x |
Asheboro, NC | 26,729 | 83 | 1.0x |
Kernersville, NC | 26,376 | 97 | 1.1x |
Lexington, NC | 19,347 | 87 | 1.0x |
Jamestown, ND | 15,823 | 91 | 1.0x |
Archdale, NC | 12,117 | 89 | 1.0x |