Cost of Living in Oak Ridge, NC
Population: 7,660 | North Carolina
Oak Ridge is 15% more expensive than the national average.
Cost of Living in Oak Ridge, NC: What You Need to Know
With a cost of living index of 115, Oak Ridge, NC is a notably expensive place to live. Living here is 15% more expensive than the national average and 31% above the North Carolina state average of 84. Oak Ridge is a smaller community of 7,660 residents, where everyday costs can differ substantially from nearby larger cities.
The median household income in Oak Ridge is $140,583, which is 87% higher than the national median of $75,149. While incomes are above average, they more than offset the higher cost of living.
Everyday prices in the Greensboro-High Point, 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
- $140,583
- vs US Median ($75,149)
- +87%
Housing
- Median Home Value
- $523,500
- Median Monthly Housing Cost
- $2,089/mo
Everyday Prices in Oak Ridge
BLS Average Prices for the Greensboro-High Point, NC (Metropolitan Statistical Area) area