Cost of Living in Mountain Home, NC
Population 3,518 · North Carolina · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Mountain Home a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $353,000. The labor market has been unusually tight, with unemployment around 0.8% — below most comparable cities in the state.
Mountain Home lies roughly 90 miles southeast of the nearest major metro, Knoxville — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 65% higher than Knoxville's $214,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Mountain Home
The median home value in Mountain Home is $353,200 — 16% above the national median of $305,000. Median rent runs $1,208/month, 8% lower than the national median of $1,314/month. The median household income of $68,750/year is 8% lower than the US median of $74,580. The local unemployment rate is 0.8%, 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 66.4°F and lows of 44.4°F. Overall, Mountain Home has a cost of living index of 106 versus the US average of 100, meaning it is 6% more expensive.
Mountain Home 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 | 48 | 51 | 58 | 67 | 74 | 80 | 83 | 82 | 77 | 68 | 58 | 50 |
| Low °F | 27 | 29 | 35 | 42 | 51 | 59 | 63 | 62 | 56 | 44 | 34 | 30 |
| Precip" | 4.39 | 3.65 | 3.95 | 4.28 | 4.24 | 4.77 | 5.32 | 4.73 | 4.36 | 3.46 | 3.88 | 4.38 |
Frequently Asked Questions
What is the cost of living in Mountain Home, NC?
Mountain Home has a cost index of 106 (100 = national average). It is 6% above the national average.
What is average rent in Mountain Home, NC?
The median gross rent in Mountain Home is $1,208 per month based on 2023 Census data.
What is the average home price in Mountain Home?
The median home value in Mountain Home is $353,200 according to 2023 Census ACS data.
What is the median income in Mountain Home?
The median household income in Mountain Home is $68,750 per year (2023 ACS 5-year estimates).
What is the sales tax in Mountain Home, NC?
The combined state and local sales tax rate in Mountain Home is 7.0%. The North Carolina state income tax top rate is 4.5%.
Is Mountain Home, NC affordable?
Mountain Home is near the national average in terms of cost of living, with an index of 106 (100 = US average).
What is the weather like in Mountain Home?
Mountain Home has average high temperatures of 66.4°F and average lows of 44.4°F. Annual precipitation is 51.4". Data from NOAA 1991–2020 Climate Normals.
Mountain Home at a Glance
- Population
- 3,518
- Median Income
- $68,750
- Home Value
- $353,200
- Median Rent
- $1,208/mo
- Unemployment
- 0.8%
- Avg High Temp
- 66.4°F
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
North Carolina Rankings
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