Cost of Living in Fayetteville, NC
Cost of Living in Fayetteville, NC | Compared to State Average | Compared to National Average |
---|---|---|
Housing (Buy and Rent) | 16% lower | 29% lower |
Utilities (Monthly) | 2% lower | 4% lower |
Food | 3% lower | 4% lower |
Healthcare | 2% lower | 5% higher |
Transportation | 4% higher | 2% lower |
Goods & Services | 10% higher | 8% higher |
The cost of living in Fayetteville, NC is 1% lower than the state average and 6% lower than the national average. Fayetteville, NC housing is 29% cheaper than the U.S average, while utilities are about 4% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 8% more in Fayetteville, NC than in the rest of the country, while clothing costs around 8% more .
Healthcare services such as doctor check-ups and dentistry cost 5% more here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 8% pricier in Fayetteville, NC.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Fayetteville is $1,002, while home prices circle around $328,413.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Fayetteville, energy bills cost around $182.51 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $2.24 in Fayetteville, a dozen eggs go for around $1.86 and a pound of potatoes circles around $3.55.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Fayetteville, an optometry check-up costs around $128.55, while a dentist appointment is priced $126.26 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.81 in Fayetteville, while getting your tires balanced will run you about $54.73.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $37.69 here. Meanwhile, a pair of women's slacks will set you back around $22.55.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Fayetteville, you should budget around $12.59 a month. When it comes to personal services, a haircut usually goes for $31.68, while dry cleaning costs about $12.53.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Fayetteville, the median household income is $53,424.