Hamlet, NC Cost Of Living

The latest cost of living statistics for Hamlet. Includes statistics on rent, mortgages, healthcare, and other costs for Hamlet compared to the state and national averages.

Cost of living in Hamlet, North Carolina

Cost of living in Hamlet research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Hamlet is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in North Carolina, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

87 Cost of living index 0.9x lower vs US
#5 Cheapest in North Carolina (of 159)
#600 Cheapest in the U.S. (of 6,489)
$129,885 Median home value
$640 Median rent
$41,590 Median income
Not sure Hamlet fits your budget? Try our place-match quiz →

What is the cost of living in Hamlet, NC?

According to the most recent data on the cost of living, Hamlet has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.

Compared to North Carolina, Hamlet has a cost of living index that's 0.9x lower than North Carolina's index of 95.

The standard of living in Hamlet ranks as #5 most affordable out of the 159 places we measured in North Carolina. By definition, that implies Hamlet ranks as the #154 most expensive place in the Tar Heel State.

For more reading on life in Hamlet, check out:

Hamlet Cost Of Living Vs. North Carolina

Six factors go into calculating the cost of living index in Hamlet. Here is how it fares on each of the criteria:

  • The Services index in Hamlet is 104.

  • The Groceries index in Hamlet is 99.

  • The Health index in Hamlet is 52.

  • The Housing index in Hamlet is 99.

  • The Transportation index in Hamlet is 101.

  • The Utilities index in Hamlet is 106.

Living Expense Hamlet North Carolina National Average
Overall 87 95 100
Services 104 98 100
Groceries 99 98 100
Health 52 89 100
Housing 99 100 100
Transportation 101 97 100
Utilities 106 101 100

Hamlet Cost Of Living Compared To North Carolina Averages

Services
Hamlet 104
North Carolina avg 98
Groceries
Hamlet 99
North Carolina avg 98
Health
Hamlet 52
North Carolina avg 89
Housing
Hamlet 99
North Carolina avg 100
Transportation
Hamlet 101
North Carolina avg 97
Utilities
Hamlet 106
North Carolina avg 101

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around North Carolina, check out:

Protect your home budget Compare home warranties in Hamlet Get matched →

Source: Cost-of-living index 2026, normalized to US average = 100

Hamlet, NC Housing Cost Breakdown

$129,885Median Home Value
$640Median Rent
$41,590Median Income

Housing swings affordability the most between places in North Carolina, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Hamlet is $129,885.

  • The Median Rent in Hamlet is $640.

  • The Median Income in Hamlet is $41,590.

  • The Home Value To Income in Hamlet is 3.1x.

  • The Rent To Monthly Income in Hamlet is 0.18x.

Statistic Hamlet North Carolina United States
Median Home Value $129,885 $336,407 $332,700
Median Rent $640 $1,228 $1,413
Median Income $41,590 $72,388 $80,734
Home Value To Income 3.1x 4.6x 4.1x
Rent To Monthly Income 0.18x 0.2x 0.21x

Hamlet, NC Costs By Category

Detailed Hamlet Services costs vs. North Carolina
Item Hamlet North Carolina
Shampoo $1.27 $1.28
Movie $13.55 $12.13
Bowling $21.67 $18
Haircut $18.25 $24.26
Beauty Salon $59.75 $45.56
Detailed Hamlet Groceries costs vs. North Carolina
Item Hamlet North Carolina
Ground Beef $6.27 $5.84
Fried Chicken $1.39 $1.57
Milk $4.61 $4.67
Potatoes $4.98 $4.93
Pizza $10.96 $12.09
Beer $10.47 $10.41
Toothpaste $3.81 $3.7
Detailed Hamlet Health costs vs. North Carolina
Item Hamlet North Carolina
Optometrist $143.74 $125.68
Doctor $148.29 $135.78
Dentist $115.52 $113.29
Detailed Hamlet Transportation costs vs. North Carolina
Item Hamlet North Carolina
Gasoline $3.29 $3.46
Tire Balancing $53.32 $59.92
Detailed Hamlet Utilities costs vs. North Carolina
Item Hamlet North Carolina
All Electricity $167.89 $193.99
Phone $189.9 $192.25

Hamlet SnackAbility

5Overall SnackAbility
Jobs 4/10
Housing 3/10
Affordability 8/10
Diversity 9/10
SafetyN/A
Amenities 8/10
Education 4/10
Commute 8.5/10

Cost Of Living In Cities Around Hamlet

The cost of living varies in the cities and towns around Hamlet. Here's a quick look at the cost of living in the most populous nearby places:

  • Fayetteville, NC has a cost of living index of 98, 1.1x Hamlet.

  • Florence, SC has a cost of living index of 97, 1.1x Hamlet.

  • Monroe, NC has a cost of living index of 100, 1.1x Hamlet.

City Population Cost Of Living Vs. Hamlet
Fayetteville, NC 210,815 98 1.1x
Florence, SC 40,408 97 1.1x
Monroe, NC 36,759 100 1.1x
Pinehurst, NC 18,256 118 1.4x
Hope Mills, NC 17,939 96 1.1x
Albemarle, NC 16,762 89 1.0x
Southern Pines, NC 16,420 112 1.3x
Aberdeen, NC 9,228 98 1.1x
Rockingham, NC 8,967 88 1.0x
Unionville, NC 6,954 104 1.2x