According to the most recent data on the cost of living, Bessemer City has an overall cost of living index of 92 which is 0.9x lower than the national index of 100.
Compared to only North Carolina, Bessemer City has a cost of living index that's 1.0x lower than North Carolina's index of 95.
The standard of living in Bessemer City ranks as #1,974 most affordable out of the 6,418 places we measured in North Carolina. By definition, that implies Bessemer City ranks as the #4,444 most expensive place in the Tar Heel State.
Living Expense | Bessemer City | North Carolina | National Average | |
---|---|---|---|---|
Overall | 92 | 95 | 100 | |
Services | 106 | 102 | 100 | |
Groceries | 104 | 100 | 100 | |
Health | 102 | 108 | 100 | |
Housing | 60 | 87 | 100 | |
Transportation | 102 | 96 | 100 | |
Utilities | 97 | 98 | 100 |
Housing swings affordability the most between places in North Carolina, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Statistic | Bessemer City | North Carolina | United States |
---|---|---|---|
Median Home Value | $110,200 | $182,100 | $229,800 |
Median Rent | $813 | $932 | $1,096 |
Median Income | $39,055 | $56,642 | $64,994 |
Home Value To Income | 2.8x | 3.2x | 3.5x |
Rent To Monthly Income | 0.25x | 0.2x | 0.2x |
Item | Bessemer City | North Carolina |
---|---|---|
Shampoo | $1.0 | $1.06 |
Movie | $10.0 | $10.68 |
Bowling | $22.35 | $14.67 |
Item | Bessemer City | North Carolina |
---|---|---|
Ground Beef | $3.88 | $4.22 |
Fried Chicken | $1.46 | $1.39 |
Milk | $1.69 | $2.05 |
Item | Bessemer City | North Carolina |
---|---|---|
Haircut | $16.9 | $18.62 |
Beauty Salon | $39.1 | $39.05 |
Toothpaste | $2.27 | $2.34 |
Item | Bessemer City | North Carolina |
---|---|---|
Potatoes | $3.65 | $3.29 |
Pizza | $9.09 | $10.62 |
Beer | $10.42 | $9.38 |
Optometrist | $119.06 | $108.57 |
Doctor | $121.12 | $116.17 |
Dentist | $112.88 | $99.13 |
Item | Bessemer City | North Carolina |
---|---|---|
Gasoline | $2.35 | $2.22 |
Tire Balancing | $45.59 | $50.07 |
All Electricity | $158.05 | $167.67 |
Phone | $179.94 | $175.64 |