Salisbury, NC Cost Of Living
Cost Of Living In Salisbury, NC Summary
Cost of living in Salisbury 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 Salisbury 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 Salisbury is 87, with 100 being the average.
The cost of living index in Salisbury is 0.9x lower than the national average.
Salisbury ranks as the #15 cheapest in North Carolina out of 153.
Salisbury ranks as the #1,101 cheapest out of 6,412 in the US.
The median home value in Salisbury is $156,300.
The median income in Salisbury is $44,656.
Table Of Contents
Salisbury's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Salisbury, NC?
According to the most recent data on the cost of living, Salisbury has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to North Carolina, Salisbury has a cost of living index that's 0.9x lower than North Carolina's index of 95.
The standard of living in Salisbury ranks as #15 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Salisbury ranks as the #138 most expensive place in the Tar Heel State.
For more reading on life in Salisbury, check out:
- Living In Salisbury
- Salisbury Crime Report
- Search Homes For Sale In Salisbury, NC
In North Carolina
In America
Salisbury Cost Of Living Vs. North Carolina
Six factors go into calculating the cost of living index in Salisbury. Here is how it fairs on each of the criteria:
The Services index in Salisbury is 99.
The Groceries index in Salisbury is 100.
The Health index in Salisbury is 107.
The Housing index in Salisbury is 70.
The Transportation index in Salisbury is 93.
The Utilities index in Salisbury is 98.
| Living Expense | Salisbury | North Carolina | National Average | |
|---|---|---|---|---|
| Overall | 87 | 95 | 100 | |
| Services | 99 | 97 | 100 | |
| Groceries | 100 | 98 | 100 | |
| Health | 107 | 108 | 100 | |
| Housing | 70 | 91 | 100 | |
| Transportation | 93 | 92 | 100 | |
| Utilities | 98 | 95 | 100 | |
Salisbury, 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 Salisbury is $156,300.
The Median Rent in Salisbury is $859.
The Median Income in Salisbury is $44,656.
The Home Value To Income in Salisbury is 3.5x.
The Rent To Monthly Income in Salisbury is 0.23x.
| Statistic | Salisbury | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $156,300 | $197,500 | $244,900 |
| Median Rent | $859 | $988 | $1,163 |
| Median Income | $44,656 | $60,516 | $69,021 |
| Home Value To Income | 3.5x | 3.3x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Salisbury, NC Costs By Category
Detailed Salisbury Services Costs Vs. North Carolina
| Item | Salisbury | North Carolina |
|---|---|---|
| Shampoo | $1.74 | $1.06 |
| Movie | $8.75 | $10.68 |
| Bowling | $10.0 | $14.67 |
| Haircut | $15.8 | $18.62 |
| Beauty Salon | $32.0 | $39.05 |
Detailed Salisbury Groceries Costs Vs. North Carolina
| Item | Salisbury | North Carolina |
|---|---|---|
| Ground Beef | $4.04 | $4.22 |
| Fried Chicken | $1.18 | $1.39 |
| Milk | $1.6 | $2.05 |
| Potatoes | $3.25 | $3.29 |
| Pizza | $10.24 | $10.62 |
| Beer | $10.25 | $9.38 |
| Toothpaste | $2.8 | $2.34 |
Detailed Salisbury Health Costs Vs. North Carolina
| Item | Salisbury | North Carolina |
|---|---|---|
| Optometrist | $107.22 | $108.57 |
| Doctor | $108.33 | $116.17 |
| Dentist | $116.5 | $99.13 |
Detailed Salisbury Transportation Costs Vs. North Carolina
| Item | Salisbury | North Carolina |
|---|---|---|
| Gasoline | $2.12 | $2.22 |
| Tire Balancing | $42.02 | $50.07 |
Detailed Salisbury Utilities Costs Vs. North Carolina
| Item | Salisbury | North Carolina |
|---|---|---|
| All Electricity | $165.99 | $167.67 |
| Phone | $169.63 | $175.64 |
Salisbury SnackAbility
/10
Cost Of Living In Cities Around Salisbury
The cost of living varies in the cities and towns around Salisbury. Here's a quick look at the cost of living in the most populous nearby places:
Indian Trail, NC has a cost of living index of 103, 1.2x Salisbury.
Cornelius, NC has a cost of living index of 113, 1.3x Salisbury.
Matthews, NC has a cost of living index of 107, 1.2x Salisbury.
| City | Population | Cost Of Living | Vs. Salisbury |
|---|---|---|---|
| Indian Trail, NC | 39,603 | 103 | 1.2x |
| Cornelius, NC | 30,925 | 113 | 1.3x |
| Matthews, NC | 29,417 | 107 | 1.2x |
| Clemmons, NC | 21,032 | 101 | 1.2x |
| Harrisburg, NC | 18,415 | 111 | 1.3x |
| Stallings, NC | 15,932 | 109 | 1.3x |
| Davidson, NC | 14,644 | 125 | 1.4x |
| Weddington, NC | 12,851 | 142 | 1.6x |
| Wesley Chapel, NC | 8,661 | 122 | 1.4x |
| Marvin, NC | 6,326 | 172 | 2.0x |
