Thomasville, NC Cost Of Living
Cost Of Living In Thomasville, NC Summary
Cost of living in Thomasville 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 Thomasville 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 Thomasville is 87, with 100 being the average.
The cost of living index in Thomasville is 0.9x lower than the national average.
Thomasville ranks as the #15 cheapest in North Carolina out of 153.
Thomasville ranks as the #1,101 cheapest out of 6,412 in the US.
The median home value in Thomasville is $126,500.
The median income in Thomasville is $45,610.
Table Of Contents
Thomasville's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Thomasville, NC?
According to the most recent data on the cost of living, Thomasville has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to North Carolina, Thomasville has a cost of living index that's 0.9x lower than North Carolina's index of 95.
The standard of living in Thomasville ranks as #15 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Thomasville ranks as the #138 most expensive place in the Tar Heel State.
For more reading on life in Thomasville, check out:
- Living In Thomasville
- Thomasville Crime Report
- Search Homes For Sale In Thomasville, NC
In North Carolina
In America
Thomasville Cost Of Living Vs. North Carolina
Six factors go into calculating the cost of living index in Thomasville. Here is how it fairs on each of the criteria:
The Services index in Thomasville is 99.
The Groceries index in Thomasville is 98.
The Health index in Thomasville is 119.
The Housing index in Thomasville is 61.
The Transportation index in Thomasville is 76.
The Utilities index in Thomasville is 95.
| Living Expense | Thomasville | North Carolina | National Average | |
|---|---|---|---|---|
| Overall | 87 | 95 | 100 | |
| Services | 99 | 97 | 100 | |
| Groceries | 98 | 98 | 100 | |
| Health | 119 | 108 | 100 | |
| Housing | 61 | 91 | 100 | |
| Transportation | 76 | 92 | 100 | |
| Utilities | 95 | 95 | 100 | |
Thomasville, 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 Thomasville is $126,500.
The Median Rent in Thomasville is $745.
The Median Income in Thomasville is $45,610.
The Home Value To Income in Thomasville is 2.8x.
The Rent To Monthly Income in Thomasville is 0.2x.
| Statistic | Thomasville | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $126,500 | $197,500 | $244,900 |
| Median Rent | $745 | $988 | $1,163 |
| Median Income | $45,610 | $60,516 | $69,021 |
| Home Value To Income | 2.8x | 3.3x | 3.5x |
| Rent To Monthly Income | 0.2x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Thomasville, NC Costs By Category
Detailed Thomasville Services Costs Vs. North Carolina
| Item | Thomasville | 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 |
Detailed Thomasville Groceries Costs Vs. North Carolina
| Item | Thomasville | 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 |
Detailed Thomasville Health Costs Vs. North Carolina
| Item | Thomasville | North Carolina |
|---|---|---|
| Optometrist | $145.56 | $108.57 |
| Doctor | $168.89 | $116.17 |
| Dentist | $115.83 | $99.13 |
Detailed Thomasville Transportation Costs Vs. North Carolina
| Item | Thomasville | North Carolina |
|---|---|---|
| Gasoline | $2.11 | $2.22 |
| Tire Balancing | $15.62 | $50.07 |
Detailed Thomasville Utilities Costs Vs. North Carolina
| Item | Thomasville | North Carolina |
|---|---|---|
| All Electricity | $158.18 | $167.67 |
| Phone | $179.92 | $175.64 |
Thomasville SnackAbility
/10
Cost Of Living In Cities Around Thomasville
The cost of living varies in the cities and towns around Thomasville. Here's a quick look at the cost of living in the most populous nearby places:
Winston-Salem, NC has a cost of living index of 94, 1.1x Thomasville.
High Point, NC has a cost of living index of 93, 1.1x Thomasville.
Asheboro, NC has a cost of living index of 83, 1.0x Thomasville.
| City | Population | Cost Of Living | Vs. Thomasville |
|---|---|---|---|
| Winston-Salem, NC | 247,917 | 94 | 1.1x |
| High Point, NC | 113,148 | 93 | 1.1x |
| 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 |
| Trinity, NC | 6,981 | 87 | 1.0x |
