Cost of Living in Hickory, NC
| Cost of Living in Hickory, NC | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 5% higher | 10% lower |
| Utilities (Monthly) | 6% lower | 8% lower |
| Food | 1% higher | 0% |
| Healthcare | 13% lower | 8% lower |
| Transportation | 3% higher | 2% lower |
| Goods & Services | 5% lower | 6% lower |
The cost of living in Hickory, NC is 1% lower than the state average and 6% lower than the national average. Hickory, NC housing is 10% cheaper than the U.S average, while utilities are about 8% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 0% in Hickory, NC than in the rest of the country, while clothing costs around 6% less .
Healthcare services such as doctor check-ups and dentistry cost 8% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 6% cheaper in Hickory, NC.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Hickory is $1,497, while home prices circle around $416,975.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Hickory, energy bills cost around $175.56 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $5.22 in Hickory, a dozen eggs go for around $4.29 and a pound of potatoes circles around $5.49.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Hickory, an optometry check-up costs around $117.68, while a dentist appointment is priced $95.07 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.54 in Hickory, while getting your tires balanced will run you about $51.92.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $41.57 here. Meanwhile, a pair of women's slacks will set you back around $42.43.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Hickory, you should budget around $12.37 a month. When it comes to personal services, a haircut usually goes for $21.53, while dry cleaning costs about $13.64.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Hickory, the median household income is $63,361.