Cost of Living in Winfall, NC

With a cost of living index of 95, Winfall, NC is slightly more affordable than average. Living here is 5% cheaper than the national average and 10% above the North Carolina state average of 84. Winfall is a small community of 749 residents.

Housing costs are the biggest factor in Winfall's cost of living. The median monthly rent is $1,132 (14% below the US median of $1,319), and the median home value sits at $335,000 (10% above the national median of $304,900). At current prices, the median home costs roughly 4.7x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Winfall is $71,875, which is 4% lower than the national median of $75,149. Residents spend roughly 19% 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.