Rocky Mount, NC Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

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

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
86
Rocky Mount's Overall Cost Of Living
0.9x
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:

10 out of 153
In North Carolina
938 out of 6,412
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
For more reading on cost of living around North Carolina, check out:
Rocky Mount Cost of Living Vs. NC

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
Search Homes For Sale In Rocky Mount, NC
$114,400
Median Home Value
$848
Median Rent
$46,396
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

3
/10
Overall SnackAbility
Jobs
4/10
Housing
6
Affordability
7
Diversity
8.5
Safety
3
Amenities
8.5
Education
6
Commute
8

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

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