Cost of Living in High Point, NC

Population 115,263 · North Carolina · Data vintage 2023

74
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of High Point's cost indicators track within a reasonable band of national figures, with median household incomes near $61,228 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.

Cost Overview

Housing 70
Rent 81

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

About the Cost of Living in High Point

The median home value in High Point is $212,400 — 30% below the national median of $305,000. Median rent runs $1,062/month, 19% lower than the national median of $1,314/month. The median household income of $61,228/year is 18% lower than the US median of $74,580. The local unemployment rate is 5.6%, 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 69.8°F and lows of 49.4°F, with about 7.1" of annual snowfall. Overall, High Point has a cost of living index of 74 versus the US average of 100, meaning it is 26% less expensive.

🏠 Housing

Median Home Value
$212,400
30% below avg
Zillow Home Value
$246,725
Zillow ZHVI
Median Rent
$1,062/mo
19% below avg
Zillow Rent
$1,468/mo
Zillow ZORI
Price-to-Rent Ratio
16.7x
Favors buying
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 58.1%
Renter-occupied 41.9%

💰 Estimated Monthly Budget

Rent median rent
$1,062
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,676/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
22.9 min
15% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.6%

Commute Mode

Drove alone
77.0%
Carpooled
10.1%
Public transit
0.8%
Walked
1.3%
Bicycle
0.2%
Work from home
8.6%

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
$61,228
18% below avg
Per Capita Income
$34,492
Unemployment Rate
5.6%
17% above avg
Poverty Rate
14.7%
Labor Force Participation
61.9%

🎓 Education

Bachelor's degree+ 21.7%
Graduate degree 12.3%

👥 Demographics

Median Age 37.8
Male median age 36.2
Female median age 38.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
69.8°F
Avg Low
49.4°F
Annual Precip
44"
Annual Snowfall
7.1"
30° 45° 60° 75° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 495361717885898780716152
Low °F 303339485765696862493933
Precip" 3.392.813.723.783.494.094.184.364.593.103.273.17
Snow" 2.92.00.90.00.00.00.00.00.00.00.11.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 50 — Good
50.1%
Good air days/yr
131
Max AQI recorded
248
PM2.5 days
112
Ozone days

Frequently Asked Questions

What is the cost of living in High Point, NC?

High Point has a cost index of 74 (100 = national average). It is 26% below the national average.

What is average rent in High Point, NC?

The median gross rent in High Point is $1,062 per month based on 2023 Census data.

What is the average home price in High Point?

The median home value in High Point is $212,400 according to Zillow and Census data.

What is the median income in High Point?

The median household income in High Point is $61,228 per year (2023 ACS 5-year estimates).

What is the sales tax in High Point, NC?

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

Is High Point, NC affordable?

Yes, High Point is generally considered affordable, with a cost of living index of 74 — about 26% below the US national average of 100.

What is the weather like in High Point?

High Point has average high temperatures of 69.8°F and average lows of 49.4°F. Annual precipitation is 44". Average annual snowfall is 7.1". Data from NOAA 1991–2020 Climate Normals.

High Point at a Glance

Population
115,263
Median Income
$61,228
Home Value
$212,400
Median Rent
$1,062/mo
Unemployment
5.6%
Avg High Temp
69.8°F
Sales Tax
7.0%
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🗺️ County data for North Carolina

Explore county-level cost of living data

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