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Cost of Living in Bennett, NC

Population: 273 | North Carolina

86
Cost of Living Index
US Average = 100

Bennett is 14% less expensive than the national average.

100
Housing
49
Home Values
97
Regional Price

Cost of Living in Bennett, NC: What You Need to Know

With a cost of living index of 86, Bennett, NC is a very affordable place to live. Living here is 14% cheaper than the national average and in line with the North Carolina state average. Bennett is a small community of 273 residents.

The median household income in Bennett is $65,357, which is 13% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Everyday prices in the Durham-Chapel Hill, NC (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.

Income

Median Household Income
$65,357
vs US Median ($75,149)
-13%

Housing

Median Home Value
$148,400
Median Monthly Housing Cost
$1,125/mo

Everyday Prices in Bennett

BLS Average Prices for the Durham-Chapel Hill, NC (Metropolitan Statistical Area) area

$2.97
Gasoline (regular)
per gallon
-3% vs US
🥚
$2.42
Eggs (grade A, large)
per dozen
-3% vs US
🥛
$3.90
Milk (whole)
per gallon
-3% vs US
🍞
$1.79
Bread (white)
per lb
-3% vs US
🍗
$4.01
Chicken breast
per lb
-3% vs US
$0.16
Electricity
per kWh
-15% vs US

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