Lenoir, NC Cost Of Living

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

Cost of living in Lenoir, North Carolina

Cost of living in Lenoir 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 Lenoir 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:

90 Cost of living index 0.9x lower vs US
#24 Cheapest in North Carolina (of 159)
#1,055 Cheapest in the U.S. (of 6,489)
$215,174 Median home value
$664 Median rent
$49,910 Median income
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What is the cost of living in Lenoir, NC?

According to the most recent data on the cost of living, Lenoir has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.

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

The standard of living in Lenoir ranks as #24 most affordable out of the 159 places we measured in North Carolina. By definition, that implies Lenoir ranks as the #135 most expensive place in the Tar Heel State.

For more reading on life in Lenoir, check out:

Lenoir Cost Of Living Vs. North Carolina

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

  • The Services index in Lenoir is 99.

  • The Groceries index in Lenoir is 100.

  • The Health index in Lenoir is 62.

  • The Housing index in Lenoir is 95.

  • The Transportation index in Lenoir is 99.

  • The Utilities index in Lenoir is 98.

Living Expense Lenoir North Carolina National Average
Overall 90 95 100
Services 99 98 100
Groceries 100 98 100
Health 62 89 100
Housing 95 100 100
Transportation 99 97 100
Utilities 98 101 100

Lenoir Cost Of Living Compared To North Carolina Averages

Services
Lenoir 99
North Carolina avg 98
Groceries
Lenoir 100
North Carolina avg 98
Health
Lenoir 62
North Carolina avg 89
Housing
Lenoir 95
North Carolina avg 100
Transportation
Lenoir 99
North Carolina avg 97
Utilities
Lenoir 98
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:

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

Lenoir, NC Housing Cost Breakdown

$215,174Median Home Value
$664Median Rent
$49,910Median 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 Lenoir is $215,174.

  • The Median Rent in Lenoir is $664.

  • The Median Income in Lenoir is $49,910.

  • The Home Value To Income in Lenoir is 4.3x.

  • The Rent To Monthly Income in Lenoir is 0.16x.

Statistic Lenoir North Carolina United States
Median Home Value $215,174 $336,407 $332,700
Median Rent $664 $1,228 $1,413
Median Income $49,910 $72,388 $80,734
Home Value To Income 4.3x 4.6x 4.1x
Rent To Monthly Income 0.16x 0.2x 0.21x

Lenoir, NC Costs By Category

Detailed Lenoir Services costs vs. North Carolina
Item Lenoir North Carolina
Shampoo $1.34 $1.28
Movie $13.67 $12.13
Bowling $18.63 $18
Haircut $30.02 $24.26
Beauty Salon $39.6 $45.56
Detailed Lenoir Groceries costs vs. North Carolina
Item Lenoir North Carolina
Ground Beef $6.12 $5.84
Fried Chicken $1.55 $1.57
Milk $4.66 $4.67
Potatoes $5.3 $4.93
Pizza $11.64 $12.09
Beer $10.31 $10.41
Toothpaste $3.75 $3.7
Detailed Lenoir Health costs vs. North Carolina
Item Lenoir North Carolina
Optometrist $131.75 $125.68
Doctor $157.27 $135.78
Dentist $130.26 $113.29
Detailed Lenoir Transportation costs vs. North Carolina
Item Lenoir North Carolina
Gasoline $3.19 $3.46
Tire Balancing $57.92 $59.92
Detailed Lenoir Utilities costs vs. North Carolina
Item Lenoir North Carolina
All Electricity $160.96 $193.99
Phone $187.97 $192.25

Lenoir SnackAbility

3Overall SnackAbility
Jobs 5/10
Housing 4/10
Affordability 8/10
Diversity 8/10
Safety 5/10
Amenities 8/10
Education 5/10
Commute 8/10

Cost Of Living In Cities Around Lenoir

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

  • Mooresville, NC has a cost of living index of 109, 1.2x Lenoir.

  • Hickory, NC has a cost of living index of 100, 1.1x Lenoir.

  • Cornelius, NC has a cost of living index of 124, 1.4x Lenoir.

City Population Cost Of Living Vs. Lenoir
Mooresville, NC 52,381 109 1.2x
Hickory, NC 44,258 100 1.1x
Cornelius, NC 32,783 124 1.4x
Boone, NC 20,032 107 1.2x
Davidson, NC 15,660 131 1.5x
Lincolnton, NC 11,783 96 1.1x
Lake Norman of Catawba, NC 9,906 130 1.4x
St. Stephens, NC 9,457 93 1.0x
Conover, NC 8,580 95 1.1x
Black Mountain, NC 8,513 108 1.2x