Cost of Living in Buxton, NC

With a cost of living index of 104, Buxton, NC is somewhat more expensive than average. Living here is 4% more expensive than the national average and 19% above the North Carolina state average of 84. Buxton is a small community of 1,451 residents.

Housing costs are the biggest factor in Buxton's cost of living. The median monthly rent is $1,295 (2% below the US median of $1,319), and the median home value sits at $385,400 (26% above the national median of $304,900). At current prices, the median home costs roughly 5.7x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Buxton is $67,054, which is 11% lower than the national median of $75,149. Residents spend roughly 23% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

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.