Elon, NC Cost Of Living

Demographics | Cost Of Living
Updated: 2022-04-07
104
Elon's Overall Cost Of Living
1.0x
Higher Than The National Average
115 out of 153
In North Carolina
3,585 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Elon is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Elon, NC?

According to the most recent data on the cost of living, Elon has an overall cost of living index of 104 which is 1.0x higher than the national index of 100.

Compared to only North Carolina, Elon has a cost of living index that's 1.1x higher than North Carolina's index of 95.

The standard of living in Elon ranks as #3,586 most affordable out of the 6,418 places we measured in North Carolina. By definition, that implies Elon ranks as the #2,833 most expensive place in the Tar Heel State.

For more reading on life in Elon, check out:

Elon Cost Of Living Vs. North Carolina

Living Expense Elon North Carolina National Average
Overall 104 95 100
Services 93 102 100
Groceries 101 100 100
Health 114 108 100
Housing 124 87 100
Transportation 96 96 100
Utilities 96 98 100
For more reading on cost of living around North Carolina, check out:
Elon Cost of Living Vs. NC

Elon, NC Housing Cost Breakdown

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.

$297,300
Median Home Value
$1,354
Median Rent
$69,085
Median Income
Statistic Elon North Carolina United States
Median Home Value $297,300 $182,100 $229,800
Median Rent $1,354 $932 $1,096
Median Income $69,085 $56,642 $64,994
Home Value To Income 4.3x 3.2x 3.5x
Rent To Monthly Income 0.24x 0.2x 0.2x

Detailed Elon Services Costs Vs. North Carolina

Item Elon North Carolina
Shampoo $1.15 $1.06
Movie $9.84 $10.68
Bowling $16.33 $14.67

Detailed Elon Groceries Costs Vs. North Carolina

Item Elon North Carolina
Ground Beef $4.76 $4.22
Fried Chicken $1.37 $1.39
Milk $1.91 $2.05

Detailed Elon Health Costs Vs. North Carolina

Item Elon North Carolina
Haircut $17.22 $18.62
Beauty Salon $40.89 $39.05
Toothpaste $2.32 $2.34

Detailed Elon Transportation Costs Vs. North Carolina

Item Elon North Carolina
Potatoes $2.96 $3.29
Pizza $8.49 $10.62
Beer $10.11 $9.38
Optometrist $99.5 $108.57
Doctor $175.0 $116.17
Dentist $100.22 $99.13

Detailed Elon Utilities Costs Vs. North Carolina

Item Elon North Carolina
Gasoline $2.16 $2.22
Tire Balancing $42.78 $50.07
All Electricity $156.73 $167.67
Phone $179.92 $175.64

Elon SnackAbility

8.5
/10
Overall SnackAbility
Jobs
8/10
Housing
8.5
Affordability
5
Diversity
8
Safety
8.5
Amenities
8.5
Education
8.5
Commute
9

Cost Of Living In Cities Around Elon

City Population Cost Of Living Vs. Elon
Greensboro, NC 294,395 92 0.9x
Burlington, NC 54,534 90 0.9x
Mebane, NC 15,564 95 0.9x
Graham, NC 15,168 88 0.8x
Reidsville, NC 13,928 83 0.8x
Gibsonville, NC 7,232 92 0.9x

Articles About North Carolina

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