Cost of Living in Bennett, NC
Population: 273 | North Carolina
Bennett is 14% less expensive than the national average.
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