Cost of Living in Clayton, NC

With a cost of living index of 105, Clayton, NC is somewhat more expensive than average. Living here is 5% more expensive than the national average and 21% above the North Carolina state average of 84. With a population of 28,043, Clayton is a mid-sized community that balances access to services with a more manageable cost of living compared to larger metros.

Housing costs are the biggest factor in Clayton's cost of living. The median monthly rent is $1,542 (17% above the US median of $1,319), and the median home value sits at $292,400 (4% below the national median of $304,900). At current prices, the median home costs roughly 4x the median household income — a moderately affordable ratio by today's standards.

The median household income in Clayton is $73,348, which is 2% lower than the national median of $75,149. Residents spend roughly 25% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Everyday prices in the Raleigh-Cary, 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.