Cost of Living in Norman, NC
Population: 138 | North Carolina
Norman is 24% less expensive than the national average.
Cost of Living in Norman, NC: What You Need to Know
With a cost of living index of 76, Norman, NC is a very affordable place to live. Living here is 24% cheaper than the national average and 8% below the North Carolina state average of 84. Norman is a small community of 138 residents.
The median household income in Norman is $63,125, which is 16% lower than the national median of $75,149. 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
- $63,125
- vs US Median ($75,149)
- -16%
Housing
- Median Home Value
- $37,500
- Median Monthly Housing Cost
- $500/mo