Cost of Living in Elroy, NC
Population 3,507 · North Carolina · Data vintage 2023
(100 = US avg)
Elroy 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.
Located 55 miles southeast of Raleigh, Elroy is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 68% lower than Raleigh's $378,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Elroy
The median home value in Elroy is $120,500 — 60% below the national median of $305,000. Median rent runs $920/month, 30% lower than the national median of $1,314/month. The median household income of $54,375/year is 27% lower than the US median of $74,580. The local unemployment rate is 3.4%, below 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 73.6°F and lows of 53.1°F, with about 2" of annual snowfall. Overall, Elroy has a cost of living index of 52 versus the US average of 100, meaning it is 48% less expensive.
Elroy has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 54 | 58 | 65 | 75 | 82 | 88 | 91 | 89 | 83 | 75 | 66 | 57 |
| Low °F | 35 | 36 | 43 | 51 | 60 | 69 | 72 | 71 | 66 | 54 | 43 | 37 |
| Precip" | 3.55 | 3.24 | 4.22 | 3.90 | 3.52 | 4.40 | 5.42 | 6.42 | 7.03 | 3.79 | 3.17 | 3.60 |
| Snow" | 1.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.7 |
Frequently Asked Questions
What is the cost of living in Elroy, NC?
Elroy has a cost index of 52 (100 = national average). It is 48% below the national average.
What is average rent in Elroy, NC?
The median gross rent in Elroy is $920 per month based on 2023 Census data.
What is the average home price in Elroy?
The median home value in Elroy is $120,500 according to 2023 Census ACS data.
What is the median income in Elroy?
The median household income in Elroy is $54,375 per year (2023 ACS 5-year estimates).
What is the sales tax in Elroy, NC?
The combined state and local sales tax rate in Elroy is 7.0%. The North Carolina state income tax top rate is 4.5%.
Is Elroy, NC affordable?
Yes, Elroy is generally considered affordable, with a cost of living index of 52 — about 48% below the US national average of 100.
What is the weather like in Elroy?
Elroy has average high temperatures of 73.6°F and average lows of 53.1°F. Annual precipitation is 52.3". Average annual snowfall is 2". Data from NOAA 1991–2020 Climate Normals.
Elroy at a Glance
- Population
- 3,507
- Median Income
- $54,375
- Home Value
- $120,500
- Median Rent
- $920/mo
- Unemployment
- 3.4%
- Avg High Temp
- 73.6°F
- Sales Tax
- 7.0%
Nearby Cities
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North Carolina Rankings
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