According to the most recent data on the cost of living, Selma has an overall cost of living index of 88 which is 0.9x lower than the national index of 100.
Compared to only North Carolina, Selma has a cost of living index that's 0.9x lower than North Carolina's index of 95.
The standard of living in Selma ranks as #1,278 most affordable out of the 6,418 places we measured in North Carolina. By definition, that implies Selma ranks as the #5,140 most expensive place in the Tar Heel State.
|Living Expense||Selma||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.
|City||Population||Cost Of Living||Vs. Selma|
|Chapel Hill, NC||61,912||118||1.3x|
|Wake Forest, NC||44,068||110||1.2x|
|Holly Springs, NC||36,595||111||1.3x|