Selma, NC Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
88
Selma's Overall Cost Of Living
0.9x
Lower Than The National Average
24 out of 153
In North Carolina
1,278 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Selma is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Selma, NC?

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.

For more reading on life in Selma, check out:

Selma Cost Of Living Vs. North Carolina

Living Expense Selma North Carolina National Average
Overall 88 95 100
Services 104 102 100
Groceries 91 100 100
Health 105 108 100
Housing 60 87 100
Transportation 96 96 100
Utilities 99 98 100
For more reading on cost of living around North Carolina, check out:
Selma Cost of Living Vs. NC

Selma, 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.

$110,600
Median Home Value
$697
Median Rent
$23,161
Median Income
Statistic Selma North Carolina United States
Median Home Value $110,600 $182,100 $229,800
Median Rent $697 $932 $1,096
Median Income $23,161 $56,642 $64,994
Home Value To Income 4.8x 3.2x 3.5x
Rent To Monthly Income 0.36x 0.2x 0.2x

Detailed Selma Services Costs Vs. North Carolina

Item Selma North Carolina
Shampoo $0.95 $1.06
Movie $10.04 $10.68
Bowling $17.13 $14.67

Detailed Selma Groceries Costs Vs. North Carolina

Item Selma North Carolina
Ground Beef $4.93 $4.22
Fried Chicken $0.97 $1.39
Milk $1.61 $2.05

Detailed Selma Health Costs Vs. North Carolina

Item Selma North Carolina
Haircut $18.07 $18.62
Beauty Salon $48.42 $39.05
Toothpaste $2.04 $2.34

Detailed Selma Transportation Costs Vs. North Carolina

Item Selma North Carolina
Potatoes $3.88 $3.29
Pizza $11.04 $10.62
Beer $9.99 $9.38
Optometrist $98.89 $108.57
Doctor $145.22 $116.17
Dentist $99.0 $99.13

Detailed Selma Utilities Costs Vs. North Carolina

Item Selma North Carolina
Gasoline $2.27 $2.22
Tire Balancing $37.07 $50.07
All Electricity $162.8 $167.67
Phone $179.92 $175.64

Selma SnackAbility

5
/10
Overall SnackAbility
Jobs
4/10
Housing
5
Affordability
3
Diversity
9.5
Safety
4
Amenities
8
Education
4
Commute
8

Cost Of Living In Cities Around Selma

City Population Cost Of Living Vs. Selma
Raleigh, NC 469,698 105 1.2x
Cary, NC 169,177 114 1.3x
Chapel Hill, NC 61,912 118 1.3x
Apex, NC 55,220 112 1.3x
Wake Forest, NC 44,068 110 1.2x
Holly Springs, NC 36,595 111 1.3x
Garner, NC 30,345 99 1.1x
Fuquay-Varina, NC 29,110 105 1.2x
Morrisville, NC 27,582 107 1.2x
Clayton, NC 23,179 97 1.1x

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