Stokesdale, NC Cost Of Living
Cost Of Living In Stokesdale, NC Summary
Cost of living in Stokesdale 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 Stokesdale 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 Stokesdale is 104, with 100 being the average.
The cost of living index in Stokesdale is 1.0x higher than the national average.
Stokesdale ranks as the #97 cheapest in North Carolina out of 157.
Stokesdale ranks as the #3,063 cheapest out of 6,489 in the US.
The median home value in Stokesdale is $379,239.
The median income in Stokesdale is $135,389.
Table Of Contents
Stokesdale's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Stokesdale, NC?
According to the most recent data on the cost of living, Stokesdale has an overall cost of living index of 104, which is 1.0x higher than the national index of 100.
Compared to North Carolina, Stokesdale has a cost of living index that's 1.1x higher than North Carolina's index of 92.
The standard of living in Stokesdale ranks as #97 most affordable out of the 157 places we measured in North Carolina. By definition, that implies Stokesdale ranks as the #60 most expensive place in the Tar Heel State.
For more reading on life in Stokesdale, check out:
In North Carolina
In America
Stokesdale Cost Of Living Vs. North Carolina
Six factors go into calculating the cost of living index in Stokesdale. Here is how it fairs on each of the criteria:
The Services index in Stokesdale is 107.
The Groceries index in Stokesdale is 96.
The Health index in Stokesdale is 114.
The Housing index in Stokesdale is 120.
The Transportation index in Stokesdale is 91.
The Utilities index in Stokesdale is 87.
| Living Expense | Stokesdale | North Carolina | National Average | |
|---|---|---|---|---|
| Overall | 104 | 92 | 100 | |
| Services | 107 | 100 | 100 | |
| Groceries | 96 | 99 | 100 | |
| Health | 114 | 106 | 100 | |
| Housing | 120 | 86 | 100 | |
| Transportation | 91 | 93 | 100 | |
| Utilities | 87 | 95 | 100 | |
Stokesdale, 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 Stokesdale is $379,239.
The Median Rent in Stokesdale is $783.
The Median Income in Stokesdale is $135,389.
The Home Value To Income in Stokesdale is 2.8x.
The Rent To Monthly Income in Stokesdale is 0.07x.
| Statistic | Stokesdale | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $379,239 | $332,681 | $303,400 |
| Median Rent | $783 | $1,162 | $1,348 |
| Median Income | $135,389 | $69,904 | $78,538 |
| Home Value To Income | 2.8x | 4.8x | 3.9x |
| Rent To Monthly Income | 0.07x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Stokesdale, NC Costs By Category
Detailed Stokesdale Services Costs Vs. North Carolina
| Item | Stokesdale | North Carolina |
|---|---|---|
| Shampoo | $1.25 | $1.28 |
| Movie | $11.58 | $12.13 |
| Bowling | $20.0 | $18 |
| Haircut | $22.17 | $24.26 |
| Beauty Salon | $52.72 | $45.56 |
Detailed Stokesdale Groceries Costs Vs. North Carolina
| Item | Stokesdale | North Carolina |
|---|---|---|
| Ground Beef | $5.81 | $5.84 |
| Fried Chicken | $1.41 | $1.57 |
| Milk | $4.58 | $4.67 |
| Potatoes | $5.01 | $4.93 |
| Pizza | $11.34 | $12.09 |
| Beer | $10.17 | $10.41 |
| Toothpaste | $3.64 | $3.7 |
Detailed Stokesdale Health Costs Vs. North Carolina
| Item | Stokesdale | North Carolina |
|---|---|---|
| Optometrist | $147.25 | $125.68 |
| Doctor | $157.28 | $135.78 |
| Dentist | $126.56 | $113.29 |
Detailed Stokesdale Transportation Costs Vs. North Carolina
| Item | Stokesdale | North Carolina |
|---|---|---|
| Gasoline | $3.31 | $3.46 |
| Tire Balancing | $48.78 | $59.92 |
Detailed Stokesdale Utilities Costs Vs. North Carolina
| Item | Stokesdale | North Carolina |
|---|---|---|
| All Electricity | $163.41 | $193.99 |
| Phone | $186.82 | $192.25 |
Stokesdale SnackAbility
/10
Cost Of Living In Cities Around Stokesdale
The cost of living varies in the cities and towns around Stokesdale. Here's a quick look at the cost of living in the most populous nearby places:
Greensboro, NC has a cost of living index of 91, 0.9x Stokesdale.
Winston-Salem, NC has a cost of living index of 93, 0.9x Stokesdale.
High Point, NC has a cost of living index of 91, 0.9x Stokesdale.
| City | Population | Cost Of Living | Vs. Stokesdale |
|---|---|---|---|
| Greensboro, NC | 298,564 | 91 | 0.9x |
| Winston-Salem, NC | 250,887 | 93 | 0.9x |
| High Point, NC | 115,263 | 91 | 0.9x |
| Kernersville, NC | 27,439 | 102 | 1.0x |
| Jamestown, ND | 15,774 | 90 | 0.9x |
| Reidsville, NC | 14,547 | 86 | 0.8x |
| Summerfield, NC | 11,031 | 121 | 1.2x |
| Oak Ridge, NC | 7,660 | 135 | 1.3x |
