Gibsonville, NC Cost Of Living

Demographics | Crime | Cost Of Living | Photos
Updated: 2020-03-08
93
Gibsonville's Overall Cost Of Living
0.9x
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Gibsonville is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Gibsonville, NC?

According to the most recent data on the cost of living, Gibsonville has an overall cost of living index of 93 which is 0.9x lower than the national index of 100.

Compared to only North Carolina, Gibsonville has a cost of living index that's 1.0x lower than North Carolina's index of 95.

The standard of living in Gibsonville ranks as #2224 most affordable out of the 6522 places we measured in North Carolina. By definition, that implies Gibsonville ranks as the #4182 most expensive place in the Tar Heel State.

Gibsonville Cost Of Living Vs. North Carolina

Living Expense Gibsonville North Carolina National Average
Overall 93 95 100
Services 101 101 100
Groceries 99 98 100
Health 110 108 100
Housing 80 85 100
Transportation 89 94 100
Utilities 96 98 100
For more reading on cost of living around North Carolina, check out:
Gibsonville Cost of Living Vs. NC

Gibsonville, 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.

$168,200
Median Home Value
$820
Median Rent
$61,311
Median Income
Statistic Gibsonville North Carolina United States
Median Home Value $168,200 $165,900 $204,900
Median Rent $820 $877 $1,023
Median Income $61,311 $52,413 $60,293
Home Value To Income 2.7x 3.2x 3.4x
Rent To Monthly Income 0.16x 0.2x 0.2x

Gibsonville SnackAbility

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

Cost Of Living In Cities Around Gibsonville

City Population Cost Of Living Vs. Gibsonville
Greensboro, NC 288,719 93 1.0x
Burlington, NC 52,524 90 1.0x
Mebane, NC 15,198 96 1.0x
Graham, NC 14,670 90 1.0x
Reidsville, NC 13,909 87 0.9x
Elon, NC 11,008 107 1.2x

Articles About North Carolina

Enjoy The Snack?