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Cost of Living in Northlakes, NC

Population: 1,462 | North Carolina

99
Cost of Living Index
US Average = 100

Northlakes is 1% less expensive than the national average.

100
Housing
110
Home Values
89
Regional Price

Cost of Living in Northlakes, NC: What You Need to Know

With a cost of living index of 99, Northlakes, NC is right around the national average in cost. Living here is 1% cheaper than the national average and 14% above the North Carolina state average of 84. Northlakes is a small community of 1,462 residents.

The median household income in Northlakes is $101,461, which is 35% higher than the national median of $75,149.

Everyday prices in the Hickory-Lenoir-Morganton, 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
$101,461
vs US Median ($75,149)
+35%

Housing

Median Home Value
$335,500
Median Monthly Housing Cost
$1,205/mo

Everyday Prices in Northlakes

BLS Average Prices for the Hickory-Lenoir-Morganton, NC (Metropolitan Statistical Area) area

$2.97
Gasoline (regular)
per gallon
-3% vs US
🥚
$2.42
Eggs (grade A, large)
per dozen
-3% vs US
🥛
$3.90
Milk (whole)
per gallon
-3% vs US
🍞
$1.79
Bread (white)
per lb
-3% vs US
🍗
$4.01
Chicken breast
per lb
-3% vs US
$0.16
Electricity
per kWh
-17% vs US

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