Cost of Living in Mount Olive, NC
Population 4,204 · North Carolina · Data vintage 2023
(100 = US avg)
Mount Olive's median household income of $45,869 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (22% here). At 9.0%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Located 50 miles east of Fayetteville, Mount Olive is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 32% lower than Fayetteville's $172,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Mount Olive
The median home value in Mount Olive is $117,200 — 62% below the national median of $305,000. Median rent runs $916/month, 30% lower than the national median of $1,314/month. The median household income of $45,869/year is 38% lower than the US median of $74,580. The local unemployment rate is 9.0%, 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 73.6°F and lows of 53.1°F, with about 2" of annual snowfall. Overall, Mount Olive has a cost of living index of 51 versus the US average of 100, meaning it is 49% less expensive.
Mount Olive 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 Mount Olive, NC?
Mount Olive has a cost index of 51 (100 = national average). It is 49% below the national average.
What is average rent in Mount Olive, NC?
The median gross rent in Mount Olive is $916 per month based on 2023 Census data.
What is the average home price in Mount Olive?
The median home value in Mount Olive is $117,200 according to Zillow and Census data.
What is the median income in Mount Olive?
The median household income in Mount Olive is $45,869 per year (2023 ACS 5-year estimates).
What is the sales tax in Mount Olive, NC?
The combined state and local sales tax rate in Mount Olive is 7.0%. The North Carolina state income tax top rate is 4.5%.
Is Mount Olive, NC affordable?
Yes, Mount Olive is generally considered affordable, with a cost of living index of 51 — about 49% below the US national average of 100.
What is the weather like in Mount Olive?
Mount Olive 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.
Mount Olive at a Glance
- Population
- 4,204
- Median Income
- $45,869
- Home Value
- $117,200
- Median Rent
- $916/mo
- Unemployment
- 9.0%
- Avg High Temp
- 73.6°F
- Sales Tax
- 7.0%
Explore county-level cost of living data
North Carolina Rankings
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