Cost of Living in Dana, NC

Population 3,824 · North Carolina · Data vintage 2023

71
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Dana sits on the smaller end of the North Carolina city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. At 6.6%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 85 miles west of Charlotte, Dana is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 36% lower than Charlotte's $352,000.

Cost Overview

Housing 73
Rent 69

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Dana

The median home value in Dana is $223,400 — 27% below the national median of $305,000. Median rent runs $901/month, 31% lower than the national median of $1,314/month. The median household income of $55,801/year is 25% lower than the US median of $74,580. The local unemployment rate is 6.6%, above the national average of 4.8%. North Carolina's top state income tax rate is 4.5% and the combined sales tax is 7.0%. The climate averages highs of 68.2°F and lows of 46.3°F, with about 10.3" of annual snowfall. Overall, Dana has a cost of living index of 71 versus the US average of 100, meaning it is 29% less expensive.

🏠 Housing

Median Home Value
$223,400
27% below avg
Median Rent
$901/mo
31% below avg
Price-to-Rent Ratio
20.7x
Favors renting
Property Tax Rate
0.8%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$826
1 BR
$860
2 BR
$1,049
3 BR
$1,384
4 BR
$1,637
Owner-occupied 77.7%
Renter-occupied 22.3%

💰 Estimated Monthly Budget

Rent median rent
$901
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,515/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
25.4 min
6% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.6%

Commute Mode

Drove alone
79.4%
Carpooled
7.6%
Work from home
11.6%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.5%
Total Sales Tax 7.0%
State rate 4.8%
Avg local rate 2.2%
Property Tax 0.8%

💼 Income & Employment

Median Household Income
$55,801
25% below avg
Per Capita Income
$24,240
Unemployment Rate
6.6%
38% above avg
Poverty Rate
28.5%
Labor Force Participation
53.8%

🎓 Education

Bachelor's degree+ 12.3%
Graduate degree 7.7%

👥 Demographics

Median Age 40.4
Male median age 40.9
Female median age 40

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
68.2°F
Avg Low
46.3°F
Annual Precip
49.6"
Annual Snowfall
10.3"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 495360697683858479706052
Low °F 293137455361656458463631
Precip" 4.133.463.804.174.134.794.675.044.133.373.724.18
Snow" 3.61.91.90.20.00.00.00.00.00.00.22.5

Frequently Asked Questions

What is the cost of living in Dana, NC?

Dana has a cost index of 71 (100 = national average). It is 29% below the national average.

What is average rent in Dana, NC?

The median gross rent in Dana is $901 per month based on 2023 Census data.

What is the average home price in Dana?

The median home value in Dana is $223,400 according to 2023 Census ACS data.

What is the median income in Dana?

The median household income in Dana is $55,801 per year (2023 ACS 5-year estimates).

What is the sales tax in Dana, NC?

The combined state and local sales tax rate in Dana is 7.0%. The North Carolina state income tax top rate is 4.5%.

Is Dana, NC affordable?

Yes, Dana is generally considered affordable, with a cost of living index of 71 — about 29% below the US national average of 100.

What is the weather like in Dana?

Dana has average high temperatures of 68.2°F and average lows of 46.3°F. Annual precipitation is 49.6". Average annual snowfall is 10.3". Data from NOAA 1991–2020 Climate Normals.

Dana at a Glance

Population
3,824
Median Income
$55,801
Home Value
$223,400
Median Rent
$901/mo
Unemployment
6.6%
Avg High Temp
68.2°F
Sales Tax
7.0%
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Explore county-level cost of living data

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