Cost of Living in Rocky Mount, NC

Population 54,175 · North Carolina · Data vintage 2023

57
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The Rocky Mount cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $148,000, rents near $919 a month. A poverty rate near 21% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.

Located 50 miles east of Raleigh, Rocky Mount falls within that metro's commuting orbit. Median home values run roughly 61% lower than Raleigh's $378,000.

Cost Overview

Housing 49
Rent 70

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

About the Cost of Living in Rocky Mount

The median home value in Rocky Mount is $148,300 — 51% below the national median of $305,000. Median rent runs $919/month, 30% lower than the national median of $1,314/month. The median household income of $52,927/year is 29% lower than the US median of $74,580. The local unemployment rate is 8.1%, 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 71.8°F and lows of 49.3°F. Overall, Rocky Mount has a cost of living index of 57 versus the US average of 100, meaning it is 43% less expensive.

🏠 Housing

Median Home Value
$148,300
51% below avg
Zillow Home Value
$183,241
Zillow ZHVI
Median Rent
$919/mo
30% below avg
Zillow Rent
$1,284/mo
Zillow ZORI
Price-to-Rent Ratio
13.4x
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 47.5%
Renter-occupied 52.5%

💰 Estimated Monthly Budget

Rent median rent
$919
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,533/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
23.3 min
14% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.6%

Commute Mode

Drove alone
81.8%
Carpooled
6.4%
Public transit
0.9%
Walked
0.7%
Work from home
7.6%

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
$52,927
29% below avg
Per Capita Income
$30,511
Unemployment Rate
8.1%
69% above avg
Poverty Rate
21.2%
Labor Force Participation
58.5%

🎓 Education

Bachelor's degree+ 13.7%
Graduate degree 7.8%

👥 Demographics

Median Age 41.8
Male median age 38.1
Female median age 43.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
71.8°F
Avg Low
49.3°F
Annual Precip
44.4"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 525563738087918883736355
Low °F 313339485665696862503934
Precip" 3.512.873.973.612.923.904.594.924.913.163.092.93

🏫 Schools

NCES CCD 2019 — public school district data

82%
4-Year Graduation Rate
16.4:1
Student-teacher ratio
1
Public schools
1,063
Total enrollment

Frequently Asked Questions

What is the cost of living in Rocky Mount, NC?

Rocky Mount has a cost index of 57 (100 = national average). It is 43% below the national average.

What is average rent in Rocky Mount, NC?

The median gross rent in Rocky Mount is $919 per month based on 2023 Census data.

What is the average home price in Rocky Mount?

The median home value in Rocky Mount is $148,300 according to Zillow and Census data.

What is the median income in Rocky Mount?

The median household income in Rocky Mount is $52,927 per year (2023 ACS 5-year estimates).

What is the sales tax in Rocky Mount, NC?

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

Is Rocky Mount, NC affordable?

Yes, Rocky Mount is generally considered affordable, with a cost of living index of 57 — about 43% below the US national average of 100.

What is the weather like in Rocky Mount?

Rocky Mount has average high temperatures of 71.8°F and average lows of 49.3°F. Annual precipitation is 44.4". Data from NOAA 1991–2020 Climate Normals.

Rocky Mount at a Glance

Population
54,175
Median Income
$52,927
Home Value
$148,300
Median Rent
$919/mo
Unemployment
8.1%
Avg High Temp
71.8°F
Sales Tax
7.0%
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