Cost of Living in Roxobel, NC
Population: 347 | North Carolina
Roxobel is 25% less expensive than the national average.
Cost of Living in Roxobel, NC: What You Need to Know
With a cost of living index of 75, Roxobel, NC is one of the most affordable cities in the country. Living here is 25% cheaper than the national average and 10% below the North Carolina state average of 84. Roxobel is a small community of 347 residents.
Housing costs are the biggest factor in Roxobel's cost of living. The median monthly rent is $1,115 (15% below the US median of $1,319), and the median home value sits at $98,900 (68% below the national median of $304,900). At current prices, the median home costs roughly 2.6x the median household income — well within traditional affordability guidelines.
The median household income in Roxobel is $38,375, which is 49% lower than the national median of $75,149. Residents spend roughly 35% 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.
Income
- Median Household Income
- $38,375
- vs US Median ($75,149)
- -49%
Housing
- Median Rent
- $1,115/mo
- Median Home Value
- $98,900
- Median Monthly Housing Cost
- $765/mo