Cost of living in Norman, North Carolina

  • Cost of living compated to USAthe lowest
  • Cost of living compared to North Carolinathe lowest
  • Median household incomethe lowest

Is it expensive to live in Norman, North Carolina? When calculating the cost of living in Norman, North Carolina we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.

The cost of living in Norman, North Carolina is the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in North Carolina, while median household income in Norman is $38,542 which is the lowest Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in North Carolina.

Taxes in Norman, North Carolina

The sales tax rate in Norman, North Carolina is 6.9%. Last year, the average property taxes paid was 1.0% Norman, North Carolina.

The state income tax in the state of North Carolina is 4.99%.

Housing costs in Norman, North Carolina

  • The average cost of a single-family home compated to USAthe lowest
  • The average cost of a single-family home compated to North Carolinathe lowest

In Norman, North Carolina, 25% of the population owns their homes, while approximately 75% rent. The average cost of a single-family home in Norman, North Carolina in 2022 is $138,783 which is the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in North Carolina. The average one-bedroom apartment cost is approximately $[no data] per month.

Rental SizeMonthly CostCompared to North Carolina
1 Bedroom$[no data][no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$[no data][no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$[no data][no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$[no data][no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest