Cost of Living in Fayetteville, NC
Cost of Living in Fayetteville, NC | Compared to State Average | Compared to National Average |
---|---|---|
Housing (Buy and Rent) | 18% lower | 29% lower |
Utilities (Monthly) | 1% lower | 3% lower |
Food | 5% lower | 5% lower |
Healthcare | 2% higher | 6% higher |
Transportation | 3% higher | 2% lower |
Goods & Services | 4% lower | 9% higher |
The cost of living in Fayetteville, NC is 6% 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 3% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 5% cheaper in Fayetteville, NC than in the rest of the country, while clothing costs around 9% more .
Healthcare services such as doctor check-ups and dentistry cost 6% more here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 9% 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 $1,250, while home prices circle around $374,021.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Fayetteville, energy bills cost around $210.60 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 $4.30 in Fayetteville, a dozen eggs go for around $2.71 and a pound of potatoes circles around $4.68.
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 $142.20, while a dentist appointment is priced $137.40 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.29 in Fayetteville, while getting your tires balanced will run you about $60.50.
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 $42.23 here. Meanwhile, a pair of women's slacks will set you back around $24.23.
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 $13.48 a month. When it comes to personal services, a haircut usually goes for $36.60, while dry cleaning costs about $14.42.
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 $56,395.