Cost of Living in Oriental, NC
Population: 930 | North Carolina
Oriental is 0% less expensive than the national average.
Cost of Living in Oriental, NC: What You Need to Know
With a cost of living index of 100, Oriental, NC is right around the national average in cost. Living here is 0% cheaper than the national average and 15% above the North Carolina state average of 84. Oriental is a small community of 930 residents.
Housing costs are the biggest factor in Oriental's cost of living. The median monthly rent is $1,106 (16% below the US median of $1,319), and the median home value sits at $406,800 (33% above the national median of $304,900). At current prices, the median home costs roughly 7x the median household income — a challenging ratio that puts homeownership out of reach for many residents.
The median household income in Oriental is $57,875, which is 23% lower than the national median of $75,149. Residents spend roughly 23% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.
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
- $57,875
- vs US Median ($75,149)
- -23%
Housing
- Median Rent
- $1,106/mo
- Median Home Value
- $406,800
- Median Monthly Housing Cost
- $1,207/mo