The Most and Least Expensive Cities to Live in North Carolina

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The cost of living in North Carolina varies significantly depending on where you live, despite the state being generally more affordable than the U.S. average.

In 2022, North Carolina's goods and services were 5.8% less expensive than the national average.

However, nearly 57% of households in the US reported struggling with daily expenses, and over 93% of adults expressed stress due to rising prices, according to a U.S. Census Bureau survey.

These are the Most and Least Expensive Cities to Live in North Carolina

At the top of the list, Raleigh-Cary ranks as the most expensive city in North Carolina according to 247wallst. In 2022, the overall cost of living in this metro area was only 1.6% below the U.S. average.

With a median home value of $424,700 — nearly $144,000 more than the statewide median — and a median household income of $92,739, this region reflects higher expenses compared to other parts of the state.

Here are the rankings

1. Raleigh-Cary, NC
2. Wilmington, NC
3. Charlotte-Concord-Gastonia, NC-SC
4. Durham-Chapel Hill, NC
5. Asheville, NC
6. Greensboro-High Point, NC
7. Jacksonville, NC
8. Winston-Salem, NC
9. Burlington, NC
10. Fayetteville, NC
11. New Bern, NC
12. Hickory-Lenoir-Morganton, NC
13. Goldsboro, NC
14. Greenville, NC
15. Rocky Mount, NC

On the opposite end, Rocky Mount is the least expensive metro area in North Carolina. The cost of living here is 12.2% lower than the national average, making it an affordable option for many. With a median home value of $166,100 and a household income of $53,896, Rocky Mount residents enjoy a much lower cost of living.

Whether you’re seeking affordability in Fayetteville, Asheville, or a balance of cost and lifestyle in Wilmington, North Carolina's cities offer a variety of living experiences at different price points.