Cost of Living in Siler City, NC
Population 7,905 · North Carolina · Data vintage 2023
(100 = US avg)
Siler City is a smaller North Carolina community of around 8000 residents, where median household incomes of $51,751 and housing costs ($155,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. Around 25% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.
Siler City is about 35 miles southeast of Greensboro, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 30% lower than Greensboro's $221,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Siler City
The median home value in Siler City is $154,900 — 49% below the national median of $305,000. Median rent runs $958/month, 27% lower than the national median of $1,314/month. The median household income of $51,751/year is 31% 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 72.2°F and lows of 49.2°F. Overall, Siler City has a cost of living index of 60 versus the US average of 100, meaning it is 40% less expensive.
Siler City 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 | 52 | 56 | 64 | 74 | 80 | 88 | 91 | 89 | 83 | 73 | 63 | 55 |
| Low °F | 30 | 33 | 39 | 48 | 57 | 65 | 70 | 68 | 62 | 49 | 38 | 33 |
| Precip" | 3.07 | 2.81 | 3.88 | 3.83 | 3.37 | 4.28 | 4.65 | 3.53 | 4.40 | 3.09 | 3.27 | 3.12 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Siler City, NC?
Siler City has a cost index of 60 (100 = national average). It is 40% below the national average.
What is average rent in Siler City, NC?
The median gross rent in Siler City is $958 per month based on 2023 Census data.
What is the average home price in Siler City?
The median home value in Siler City is $154,900 according to Zillow and Census data.
What is the median income in Siler City?
The median household income in Siler City is $51,751 per year (2023 ACS 5-year estimates).
What is the sales tax in Siler City, NC?
The combined state and local sales tax rate in Siler City is 7.0%. The North Carolina state income tax top rate is 4.5%.
Is Siler City, NC affordable?
Yes, Siler City is generally considered affordable, with a cost of living index of 60 — about 40% below the US national average of 100.
What is the weather like in Siler City?
Siler City has average high temperatures of 72.2°F and average lows of 49.2°F. Annual precipitation is 43.3". Data from NOAA 1991–2020 Climate Normals.
Siler City at a Glance
- Population
- 7,905
- Median Income
- $51,751
- Home Value
- $154,900
- Median Rent
- $958/mo
- Unemployment
- 4.1%
- Avg High Temp
- 72.2°F
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
North Carolina Rankings
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