Cost of Living in New Bern, NC

Population 31,563 · 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

New Bern lands reasonably close to national benchmarks on most cost indicators, with a median home value of $212,000 — 31% below the US figure. That makes it a useful reference point for comparing with more extreme markets in North Carolina.

Geographically, New Bern lies roughly 75 miles northeast of the nearest major metro, Wilmington. Median home values run roughly 40% lower than Wilmington's $350,000.

Cost Overview

Housing 69
Rent 81

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

About the Cost of Living in New Bern

The median home value in New Bern is $211,500 — 31% below the national median of $305,000. Median rent runs $1,068/month, 19% lower than the national median of $1,314/month. The median household income of $56,893/year is 24% lower than the US median of $74,580. The local unemployment rate is 4.1%, 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 73.2°F and lows of 52.2°F. Overall, New Bern has a cost of living index of 74 versus the US average of 100, meaning it is 26% less expensive.

🏠 Housing

Median Home Value
$211,500
31% below avg
Zillow Home Value
$276,645
Zillow ZHVI
Median Rent
$1,068/mo
19% below avg
Zillow Rent
$1,528/mo
Zillow ZORI
Price-to-Rent Ratio
16.5x
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 60.1%
Renter-occupied 39.9%

💰 Estimated Monthly Budget

Rent median rent
$1,068
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,682/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
20.2 min
25% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.0%

Commute Mode

Drove alone
81.6%
Carpooled
7.8%
Public transit
0.1%
Walked
1.7%
Bicycle
0.1%
Work from home
6.0%

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
$56,893
24% below avg
Per Capita Income
$38,594
Unemployment Rate
4.1%
15% below avg
Poverty Rate
16.3%
Labor Force Participation
60.1%

🎓 Education

Bachelor's degree+ 15.1%
Graduate degree 14.6%

👥 Demographics

Median Age 40.4
Male median age 38.9
Female median age 41

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
73.2°F
Avg Low
52.2°F
Annual Precip
53"
30° 45° 60° 75° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 555965748087908883756659
Low °F 343642505967717065544337
Precip" 3.893.323.853.184.254.606.266.816.333.563.333.63

🏫 Schools

NCES CCD 2019 — public school district data

87%
4-Year Graduation Rate
16.3:1
Student-teacher ratio
25
Public schools
13,410
Total enrollment

Frequently Asked Questions

What is the cost of living in New Bern, NC?

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

What is average rent in New Bern, NC?

The median gross rent in New Bern is $1,068 per month based on 2023 Census data.

What is the average home price in New Bern?

The median home value in New Bern is $211,500 according to Zillow and Census data.

What is the median income in New Bern?

The median household income in New Bern is $56,893 per year (2023 ACS 5-year estimates).

What is the sales tax in New Bern, NC?

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

Is New Bern, NC affordable?

Yes, New Bern 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 New Bern?

New Bern has average high temperatures of 73.2°F and average lows of 52.2°F. Annual precipitation is 53". Data from NOAA 1991–2020 Climate Normals.

New Bern at a Glance

Population
31,563
Median Income
$56,893
Home Value
$211,500
Median Rent
$1,068/mo
Unemployment
4.1%
Avg High Temp
73.2°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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