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2024 BEA RPP All 4 categories Federal source

Burlington, NC

Cost-of-living indicators for Burlington, NC, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.

CBSA: 15500 · Data year: 2024 · Rank: #205 of 387

Burlington, NC has a cost of living index of 93.2, meaning it's 6.8% less expensive than the national average. Goods cost 3.4% less, services 10.8% less, and rents are 22.1% below average. A $100K national salary has the purchasing power of $107,301 here.

What the Numbers Mean for Burlington

Burlington ranks #205 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the lower half by cost. With an overall Regional Price Parity of 93.2, Burlington, NC is 6.8% less expensive than the national baseline of 100. The gap between Burlington's most and least expensive categories — the priciest line item versus rents at 77.9 — is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $107,301 inside Burlington, while a household needs roughly $93,196 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 77.9 — 22.1% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Burlington's overall index has stayed within 0.7 points, holding steady versus other U.S. metros. For the 2024 data year, goods are indexed at 96.6 and services at 89.2, meaning everyday spending in Burlington is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Burlington Cost Index at a Glance

Burlington all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg10093.2

Burlington category breakdown

BEA RPP composition by goods, services, rents, overall

Rents77.88Services89.234Goods96.621Overall93.196

Price Index Summary

Overall

93.2

-6.8 below avg

Goods

96.6

-3.4 below avg

Services

89.2

-10.8 below avg

Rents

77.9

-22.1 below avg

Price Index vs National Average (100)

Overall
National avg

Index 93.2 (-6.8 vs national avg)

Goods
National avg

Index 96.6 (-3.4 vs national avg)

Services
National avg

Index 89.2 (-10.8 vs national avg)

Rents
National avg

Index 77.9 (-22.1 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Below National Average

Rents -22.1% (77.9)
Services -10.8% (89.2)
Overall -6.8% (93.2)
Goods -3.4% (96.6)

Income Adequacy in Burlington

Burlington income adequacy score

$75,000 median income vs RPP 93.2

0/100100/100100/100

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$93,196

in Burlington, NC purchasing power

$50,000 nationally
$46,598
$75,000 nationally
$69,897
$125,000 nationally
$116,495
$150,000 nationally
$139,794
$200,000 nationally
$186,392

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has remained relatively stable, changing by only 0.7 points over this period.

Year Overall
2008 92.5
2009 91.9
2010 92.5
2011 93.5
2012 93.3
2013 93.8
2014 92.7
2015 93.2
2016 92.2
2017 92.2
2018 91.4
2019 90.4
2020 89.7
2021 89.4
2022 92.0
2023 93.0
2024 93.2

Metros with Similar Cost of Living

These metros have an overall RPP closest to Burlington, NC's index of 93.2.

Related Data for Burlington

Frequently Asked Questions

What is the cost of living in Burlington, NC?
Burlington, NC has a Regional Price Parity (RPP) index of 93.2, meaning it is 6.8% less expensive than the national average. Goods are indexed at 96.6, services at 89.2, and rents at 77.9. It ranks #205 out of 387 U.S. metro areas by overall cost.
What salary do I need in Burlington, NC to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $93,196 in Burlington, NC. Conversely, $100K earned in Burlington, NC has the purchasing power of $107,301 at the national average.
How expensive is rent in Burlington, NC?
Rents in Burlington, NC are indexed at 77.9, which is 22.1% below the national average. This makes the area relatively affordable for renters.
Is Burlington, NC getting more expensive?
From 2008 to 2024, Burlington, NC's overall cost index changed by +0.7 points (from 92.5 to 93.2). The cost of living has remained relatively stable.
What metros have a similar cost of living to Burlington, NC?
Metros with the most similar overall cost index include Lebanon, Greenville-Anderson-Greer, Green Bay. These areas have RPP values within a few points of Burlington, NC's 93.2.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

All federal data sources used on this page