Norman, NC Cost of Living


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How much do I need to live in Norman, North Carolina?
$1,770 / month
for a family, 67.2% less expensive than the national average A total of $21,240 for the year for a family.
$2,267 / month
for a single person, 52.4% less expensive than the national average A total of $27,200 for the year for a single person.

Norman cost of living score
70.4
Less expensive
29.6% lower
than the US average
22.6% lower
than the North Carolina average
Norman, North Carolina gets a BestPlaces Cost of Living score of 70.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.6% lower than the U.S. average and 22.6% higher than the average for North Carolina.

Norman, NC

Housing costs in Norman?
A typical home costs $111,400, which is 67.1% less expensive than the national average of $338,100 and 61.5% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Norman costs $770 per month, which is 46.2% cheaper than the national average of $1,430 and 44.2% cheaper than the state average of $1,110.

Can I afford Norman?
To live comfortably in Norman, North Carolina, a minimum annual income of $21,240 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Norman?
Norman, NC is known for its affordability when it comes to living expenses. The cost of living index is nearly 10% lower than the national average, making it a great place for people looking to live in an affordable area. Housing costs tend to be lower than other areas in North Carolina, and there are plenty of nearby amenities and attractions for residents to enjoy. Grocery prices are also competitively low compared to other places in the state, making saving money on groceries that much easier. With the overall lower cost of living here in Norman, NC, it’s easy to see why so many people choose to call this city home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesNormanNorth CarolinaUnited States
    Unlock91.0100.0
  94.7  Unlock100.0
    Unlock107.2100.0
  11.2  Unlock100.0
    Unlock$289,300$338,100
  102.1  Unlock100.0
    Unlock83.9100.0
  81.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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