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.
|Living Expense||Elon||North Carolina||National Average|
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.