Cost of Living in Plymouth, NC

With a cost of living index of 65, Plymouth, NC is one of the most affordable cities in the country. Living here is 35% cheaper than the national average and 20% below the North Carolina state average of 84. Plymouth is a small community of 3,264 residents.

Housing costs are the biggest factor in Plymouth's cost of living. The median monthly rent is $819 (38% below the US median of $1,319), and the median home value sits at $83,900 (72% below the national median of $304,900). At current prices, the median home costs roughly 2.8x the median household income — well within traditional affordability guidelines.

The median household income in Plymouth is $30,462, which is 59% lower than the national median of $75,149. Residents spend roughly 32% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. 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.