Holly Springs, NC Cost Of Living
Cost Of Living In Holly Springs, NC Summary
Cost of living in Holly Springs 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 Holly Springs 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:
The cost of living index in Holly Springs is 125, with 100 being the average.
The cost of living index in Holly Springs is 1.2x higher than the national average.
Holly Springs ranks as the #147 cheapest in North Carolina out of 157.
Holly Springs ranks as the #4,715 cheapest out of 6,489 in the US.
The median home value in Holly Springs is $582,531.
The median income in Holly Springs is $132,435.
Table Of Contents
Holly Springs's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Holly Springs, NC?
According to the most recent data on the cost of living, Holly Springs has an overall cost of living index of 125, which is 1.2x higher than the national index of 100.
Compared to North Carolina, Holly Springs has a cost of living index that's 1.4x higher than North Carolina's index of 92.
The standard of living in Holly Springs ranks as #147 most affordable out of the 157 places we measured in North Carolina. By definition, that implies Holly Springs ranks as the #10 most expensive place in the Tar Heel State.
For more reading on life in Holly Springs, check out:
In North Carolina
In America
Holly Springs Cost Of Living Vs. North Carolina
Six factors go into calculating the cost of living index in Holly Springs. Here is how it fairs on each of the criteria:
The Services index in Holly Springs is 100.
The Groceries index in Holly Springs is 100.
The Health index in Holly Springs is 110.
The Housing index in Holly Springs is 183.
The Transportation index in Holly Springs is 95.
The Utilities index in Holly Springs is 100.
| Living Expense | Holly Springs | North Carolina | National Average | |
|---|---|---|---|---|
| Overall | 125 | 92 | 100 | |
| Services | 100 | 100 | 100 | |
| Groceries | 100 | 99 | 100 | |
| Health | 110 | 106 | 100 | |
| Housing | 183 | 86 | 100 | |
| Transportation | 95 | 93 | 100 | |
| Utilities | 100 | 95 | 100 | |
Holly Springs, NC Housing Cost Breakdown
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 2019-2023. The key points are:
The Median Home Value in Holly Springs is $582,531.
The Median Rent in Holly Springs is $1,858.
The Median Income in Holly Springs is $132,435.
The Home Value To Income in Holly Springs is 4.4x.
The Rent To Monthly Income in Holly Springs is 0.17x.
| Statistic | Holly Springs | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $582,531 | $332,681 | $303,400 |
| Median Rent | $1,858 | $1,162 | $1,348 |
| Median Income | $132,435 | $69,904 | $78,538 |
| Home Value To Income | 4.4x | 4.8x | 3.9x |
| Rent To Monthly Income | 0.17x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Holly Springs, NC Costs By Category
Detailed Holly Springs Services Costs Vs. North Carolina
| Item | Holly Springs | North Carolina |
|---|---|---|
| Shampoo | $1.09 | $1.28 |
| Movie | $10.27 | $12.13 |
| Bowling | $11.0 | $18 |
| Haircut | $19.0 | $24.26 |
| Beauty Salon | $29.58 | $45.56 |
Detailed Holly Springs Groceries Costs Vs. North Carolina
| Item | Holly Springs | North Carolina |
|---|---|---|
| Ground Beef | $5.93 | $5.84 |
| Fried Chicken | $1.59 | $1.57 |
| Milk | $4.57 | $4.67 |
| Potatoes | $5.18 | $4.93 |
| Pizza | $10.47 | $12.09 |
| Beer | $10.29 | $10.41 |
| Toothpaste | $3.65 | $3.7 |
Detailed Holly Springs Health Costs Vs. North Carolina
| Item | Holly Springs | North Carolina |
|---|---|---|
| Optometrist | $141.56 | $125.68 |
| Doctor | $136.38 | $135.78 |
| Dentist | $100.17 | $113.29 |
Detailed Holly Springs Transportation Costs Vs. North Carolina
| Item | Holly Springs | North Carolina |
|---|---|---|
| Gasoline | $3.45 | $3.46 |
| Tire Balancing | $63.55 | $59.92 |
Detailed Holly Springs Utilities Costs Vs. North Carolina
| Item | Holly Springs | North Carolina |
|---|---|---|
| All Electricity | $201.14 | $193.99 |
| Phone | $187.32 | $192.25 |
Holly Springs SnackAbility
/10
Cost Of Living In Cities Around Holly Springs
The cost of living varies in the cities and towns around Holly Springs. Here's a quick look at the cost of living in the most populous nearby places:
Raleigh, NC has a cost of living index of 112, 0.9x Holly Springs.
Cary, NC has a cost of living index of 125, 1.0x Holly Springs.
Apex, NC has a cost of living index of 122, 1.0x Holly Springs.
| City | Population | Cost Of Living | Vs. Holly Springs |
|---|---|---|---|
| Raleigh, NC | 470,763 | 112 | 0.9x |
| Cary, NC | 176,686 | 125 | 1.0x |
| Apex, NC | 67,765 | 122 | 1.0x |
| Fuquay-Varina, NC | 37,749 | 114 | 0.9x |
| Garner, NC | 32,543 | 106 | 0.8x |
| Morrisville, NC | 30,471 | 120 | 1.0x |
| Angier, NC | 5,746 | 94 | 0.8x |
