Cost of Living in South Weldon, NC

With a cost of living index of 53, South Weldon, NC is one of the most affordable cities in the country. Living here is 47% cheaper than the national average and 31% below the North Carolina state average of 84. South Weldon is a small community of 688 residents.

Housing costs are the biggest factor in South Weldon's cost of living. The median monthly rent is $484 (63% below the US median of $1,319), and the median home value sits at $68,300 (78% below the national median of $304,900). At current prices, the median home costs roughly 3.5x the median household income — a moderately affordable ratio by today's standards.

The median household income in South Weldon is $19,250, which is 74% lower than the national median of $75,149. Residents spend roughly 30% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. 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.