Summerfield, NC Cost Of Living

Demographics | Cost Of Living
Updated: 2022-04-07
118
Summerfield's Overall Cost Of Living
1.2x
Higher Than The National Average
146 out of 153
In North Carolina
4,687 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 Summerfield is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Summerfield, NC?

According to the most recent data on the cost of living, Summerfield has an overall cost of living index of 118 which is 1.2x higher than the national index of 100.

Compared to only North Carolina, Summerfield has a cost of living index that's 1.2x higher than North Carolina's index of 95.

The standard of living in Summerfield ranks as #4,689 most affordable out of the 6,418 places we measured in North Carolina. By definition, that implies Summerfield ranks as the #1,729 most expensive place in the Tar Heel State.

For more reading on life in Summerfield, check out:

Summerfield Cost Of Living Vs. North Carolina

Living Expense Summerfield North Carolina National Average
Overall 118 95 100
Services 97 102 100
Groceries 100 100 100
Health 115 108 100
Housing 154 87 100
Transportation 101 96 100
Utilities 95 98 100
For more reading on cost of living around North Carolina, check out:
Summerfield Cost of Living Vs. NC

Summerfield, 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.

$362,600
Median Home Value
$1,096
Median Rent
$109,577
Median Income
Statistic Summerfield North Carolina United States
Median Home Value $362,600 $182,100 $229,800
Median Rent $1,096 $932 $1,096
Median Income $109,577 $56,642 $64,994
Home Value To Income 3.3x 3.2x 3.5x
Rent To Monthly Income 0.12x 0.2x 0.2x

Detailed Summerfield Services Costs Vs. North Carolina

Item Summerfield North Carolina
Shampoo $1.29 $1.06
Movie $8.5 $10.68
Bowling $16.67 $14.67

Detailed Summerfield Groceries Costs Vs. North Carolina

Item Summerfield North Carolina
Ground Beef $4.93 $4.22
Fried Chicken $1.27 $1.39
Milk $1.55 $2.05

Detailed Summerfield Health Costs Vs. North Carolina

Item Summerfield North Carolina
Haircut $22.99 $18.62
Beauty Salon $35.48 $39.05
Toothpaste $2.63 $2.34

Detailed Summerfield Transportation Costs Vs. North Carolina

Item Summerfield North Carolina
Potatoes $3.43 $3.29
Pizza $10.32 $10.62
Beer $9.95 $9.38
Optometrist $109.7 $108.57
Doctor $124.74 $116.17
Dentist $139.81 $99.13

Detailed Summerfield Utilities Costs Vs. North Carolina

Item Summerfield North Carolina
Gasoline $2.12 $2.22
Tire Balancing $53.98 $50.07
All Electricity $158.18 $167.67
Phone $169.63 $175.64

Summerfield SnackAbility

7
/10
Overall SnackAbility
Jobs
9/10
Housing
8.5
Affordability
8
Diversity
6
Safety
N/A
Amenities
7
Education
9
Commute
8

Cost Of Living In Cities Around Summerfield

City Population Cost Of Living Vs. Summerfield
Greensboro, NC 294,395 92 0.8x
High Point, NC 112,434 93 0.8x
Kernersville, NC 24,876 97 0.8x
Jamestown, ND 15,216 91 0.8x
Reidsville, NC 13,928 83 0.7x
Oak Ridge, NC 6,979 117 1.0x
Stokesdale, NC 5,451 101 0.9x

Articles About North Carolina

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