Cost of Living in Southmont, NC

With a cost of living index of 94, Southmont, NC is slightly more affordable than average. Living here is 6% cheaper than the national average and 10% above the North Carolina state average of 84. Southmont is a small community of 1,293 residents.

The median household income in Southmont is $55,000, which is 27% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Everyday prices in the Winston-Salem, 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.