Cost of Living in Mount Holly, NC
Population 17,928 · North Carolina · Data vintage 2023
(100 = US avg)
Mount Holly 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 6.5%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Located 12 miles northwest of Charlotte, Mount Holly falls within that metro's commuting orbit. Median home values run roughly 19% lower than Charlotte's $352,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Mount Holly
The median home value in Mount Holly is $286,400 — 6% below the national median of $305,000. Median rent runs $1,145/month, 13% lower than the national median of $1,314/month. The median household income of $75,928/year is 2% higher than the US median of $74,580. The local unemployment rate is 6.5%, 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 72.2°F and lows of 50.6°F, with about 3.5" of annual snowfall. Overall, Mount Holly has a cost of living index of 91 versus the US average of 100, meaning it is 9% less expensive.
🏠 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 | 52 | 57 | 64 | 73 | 80 | 87 | 90 | 89 | 83 | 73 | 63 | 55 |
| Low °F | 32 | 35 | 41 | 49 | 58 | 66 | 70 | 69 | 63 | 50 | 40 | 35 |
| Precip" | 3.49 | 3.13 | 3.95 | 3.84 | 3.36 | 3.99 | 3.74 | 4.35 | 3.71 | 3.16 | 3.31 | 3.57 |
| Snow" | 1.6 | 1.1 | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.4 |
Frequently Asked Questions
What is the cost of living in Mount Holly, NC?
Mount Holly has a cost index of 91 (100 = national average). It is 9% below the national average.
What is average rent in Mount Holly, NC?
The median gross rent in Mount Holly is $1,145 per month based on 2023 Census data.
What is the average home price in Mount Holly?
The median home value in Mount Holly is $286,400 according to Zillow and Census data.
What is the median income in Mount Holly?
The median household income in Mount Holly is $75,928 per year (2023 ACS 5-year estimates).
What is the sales tax in Mount Holly, NC?
The combined state and local sales tax rate in Mount Holly is 7.0%. The North Carolina state income tax top rate is 4.5%.
Is Mount Holly, NC affordable?
Mount Holly is near the national average in terms of cost of living, with an index of 91 (100 = US average).
What is the weather like in Mount Holly?
Mount Holly has average high temperatures of 72.2°F and average lows of 50.6°F. Annual precipitation is 43.6". Average annual snowfall is 3.5". Data from NOAA 1991–2020 Climate Normals.
Mount Holly at a Glance
- Population
- 17,928
- Median Income
- $75,928
- Home Value
- $286,400
- Median Rent
- $1,145/mo
- Unemployment
- 6.5%
- Avg High Temp
- 72.2°F
- Sales Tax
- 7.0%
Explore county-level cost of living data
North Carolina Rankings
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