Data / Cost of living (regional price parity) / North Carolina

Cost of living (regional price parity) in North Carolina

Cost of living (regional price parity) in North Carolina was 94.3 index in 2024, according to the U.S. Bureau of Economic Analysis. That is down 0.1 from 2023. That is the 31st highest of 51 states in 2024.

2024, index94.3
Change on 2023-0.1
Rank31st of 51US states ranked
Series high94.42023
Series low91.32009

Cost of living (regional price parity) in North Carolina, 2008 to 2024

CSVChart (SVG)

91929394952008201120142017202020242008: 92.4 index2009: 91.3 index2010: 92.9 index2011: 93.6 index2012: 93.5 index2013: 93.7 index2014: 93.8 index2015: 93.6 index2016: 93.8 index2017: 93 index2018: 92.9 index2019: 91.9 index2020: 91.3 index2021: 93.7 index2022: 94 index2023: 94.4 index2024: 94.3 index
index. Source: BEA. Retrieved 2026-10-09, published 2026-02-19.
All 17 values
Periodindex
202494.3
202394.4
202294
202193.7
202091.3
201991.9
201892.9
201793
201693.8
201593.6
201493.8
201393.7
201293.5
201193.6
201092.9
200991.3
200892.4

Compared with United States

Place2024
North Carolina94.3
United States100

Rankings

Definition

Regional price parity for all items: the average price level of goods and services in a state, including housing rents, as a percentage of the national price level (United States = 100). A value of 110 means prices are 10% above the US average.

Compares price levels across places in the same year; it is not inflation. Each year is benchmarked to that year's national average, so a change over time shows a state moving relative to the US, not prices rising.

How to cite

U.S. Bureau of Economic Analysis. SARPP: regional price parities by state, all items (United States = 100). https://apps.bea.gov/regional/zip/SARPP.zip. Retrieved 2026-10-09.

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Questions

What is the cost of living in North Carolina?

Cost of living (regional price parity) in North Carolina was 94.3 index in 2024, according to the U.S. Bureau of Economic Analysis. That is down 0.1 from 2023. That is the 31st highest of 51 states in 2024.

Where does this figure come from?

U.S. Bureau of Economic Analysis. SARPP: regional price parities by state, all items (United States = 100). Retrieved by Invokely on 2026-10-09.

What was the highest cost of living in North Carolina?

94.4 index in 2023, the highest value since 2008 in this series.

More statistics for North Carolina

All statistics for North Carolina