Cost of Living in Ingold, NC
Population: 667 | North Carolina
Ingold is 14% less expensive than the national average.
Cost of Living in Ingold, NC: What You Need to Know
With a cost of living index of 86, Ingold, 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. Ingold is a small community of 667 residents.
The median household income in Ingold is $37,195, which is 51% lower than the national median of $75,149. Residents spend roughly 30% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
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
- $37,195
- vs US Median ($75,149)
- -51%
Housing
- Median Rent
- $935/mo
- Median Monthly Housing Cost
- $907/mo