Reidsville, NC Cost Of Living
Cost Of Living In Reidsville, NC Summary
Cost of living in Reidsville 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 Reidsville 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 Reidsville is 83, with 100 being the average.
The cost of living index in Reidsville is 0.8x lower than the national average.
Reidsville ranks as the #4 cheapest in North Carolina out of 153.
Reidsville ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Reidsville is $112,600.
The median income in Reidsville is $34,221.
Table Of Contents
Reidsville's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Reidsville, NC?
According to the most recent data on the cost of living, Reidsville has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to North Carolina, Reidsville has a cost of living index that's 0.9x lower than North Carolina's index of 95.
The standard of living in Reidsville ranks as #4 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Reidsville ranks as the #149 most expensive place in the Tar Heel State.
For more reading on life in Reidsville, check out:
- Living In Reidsville
- Reidsville Crime Report
- Search Homes For Sale In Reidsville, NC
In North Carolina
In America
Reidsville Cost Of Living Vs. North Carolina
Six factors go into calculating the cost of living index in Reidsville. Here is how it fairs on each of the criteria:
The Services index in Reidsville is 92.
The Groceries index in Reidsville is 102.
The Health index in Reidsville is 113.
The Housing index in Reidsville is 58.
The Transportation index in Reidsville is 95.
The Utilities index in Reidsville is 97.
| Living Expense | Reidsville | North Carolina | National Average | |
|---|---|---|---|---|
| Overall | 83 | 95 | 100 | |
| Services | 92 | 97 | 100 | |
| Groceries | 102 | 98 | 100 | |
| Health | 113 | 108 | 100 | |
| Housing | 58 | 91 | 100 | |
| Transportation | 95 | 92 | 100 | |
| Utilities | 97 | 95 | 100 | |
Reidsville, 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 Reidsville is $112,600.
The Median Rent in Reidsville is $651.
The Median Income in Reidsville is $34,221.
The Home Value To Income in Reidsville is 3.3x.
The Rent To Monthly Income in Reidsville is 0.23x.
| Statistic | Reidsville | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $112,600 | $197,500 | $244,900 |
| Median Rent | $651 | $988 | $1,163 |
| Median Income | $34,221 | $60,516 | $69,021 |
| Home Value To Income | 3.3x | 3.3x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Reidsville, NC Costs By Category
Detailed Reidsville Services Costs Vs. North Carolina
| Item | Reidsville | North Carolina |
|---|---|---|
| Shampoo | $1.15 | $1.06 |
| Movie | $9.84 | $10.68 |
| Bowling | $16.33 | $14.67 |
| Haircut | $17.22 | $18.62 |
| Beauty Salon | $40.89 | $39.05 |
Detailed Reidsville Groceries Costs Vs. North Carolina
| Item | Reidsville | North Carolina |
|---|---|---|
| Ground Beef | $4.76 | $4.22 |
| Fried Chicken | $1.37 | $1.39 |
| Milk | $1.91 | $2.05 |
| Potatoes | $2.96 | $3.29 |
| Pizza | $8.49 | $10.62 |
| Beer | $10.11 | $9.38 |
| Toothpaste | $2.32 | $2.34 |
Detailed Reidsville Health Costs Vs. North Carolina
| Item | Reidsville | North Carolina |
|---|---|---|
| Optometrist | $99.5 | $108.57 |
| Doctor | $175.0 | $116.17 |
| Dentist | $100.22 | $99.13 |
Detailed Reidsville Transportation Costs Vs. North Carolina
| Item | Reidsville | North Carolina |
|---|---|---|
| Gasoline | $2.16 | $2.22 |
| Tire Balancing | $42.78 | $50.07 |
Detailed Reidsville Utilities Costs Vs. North Carolina
| Item | Reidsville | North Carolina |
|---|---|---|
| All Electricity | $156.73 | $167.67 |
| Phone | $179.92 | $175.64 |
Reidsville SnackAbility
/10
Cost Of Living In Cities Around Reidsville
The cost of living varies in the cities and towns around Reidsville. 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 Reidsville.
Eden, NC has a cost of living index of 79, 1.0x Reidsville.
Elon, NC has a cost of living index of 104, 1.3x Reidsville.
| City | Population | Cost Of Living | Vs. Reidsville |
|---|---|---|---|
| Greensboro, NC | 295,483 | 92 | 1.1x |
| Eden, NC | 15,317 | 79 | 1.0x |
| Elon, NC | 11,059 | 104 | 1.3x |
| Summerfield, NC | 11,026 | 118 | 1.4x |
| Gibsonville, NC | 8,684 | 92 | 1.1x |
| Stokesdale, NC | 5,895 | 101 | 1.2x |
