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Cost of Living Comparison for Fayetteville, NC

Updated 2026 ยท Local data pre-filled

๐Ÿ“ Customized for Fayetteville, North Carolina

Fayetteville's cost of living index is 84 โ€” 16% cheaper than the national average. This factors in housing, groceries, utilities, transportation, and healthcare. Use this calculator to see how your purchasing power would change if you moved to another city.

Median Home
$195k
Median Rent
$859/mo
Median Income
$50k/yr
Property Tax
0.79%
Cost of Living
84 / 100 avg

โœ“ Calculator below is pre-filled with Fayetteville local data

How Fayetteville Compares to the National Average

Understanding how Fayetteville stacks up helps you calibrate your financial planning.

MetricFayetteville, NCUS AverageDifference
Median Home Price$195,000$420,800-53.7%
Median Monthly Rent$859$1,713-49.9%
Median Household Income$49,800$74,580-33.2%
Property Tax Rate0.79%1.10%-28.2%
Cost of Living Index84100-16.0%

Sources: U.S. Census Bureau, BLS, Zillow, NAR (2024โ€“2025). Green = favorable for residents; red = less favorable.

Fayetteville Financial Snapshot

Population (Metro)
520,000
Unemployment
4.6%
Avg Commute
24 min
Median Age
30.2
Price-to-Rent Ratio
18.9x
Annual Property Tax
$1,541

Frequently Asked Questions โ€” Fayetteville

What is the median home price in Fayetteville, NC?

The median home price in Fayetteville is $195,000 as of 2025โ€“2026. This is below the national median of $420,800.

What is the average rent in Fayetteville?

Median monthly rent in Fayetteville is $859. That works out to $10,308/year, or 21% of the median household income โ€” within the commonly recommended 30% of income guideline.

Is Fayetteville affordable?

Fayetteville's cost of living index is 84 vs. the national average of 100. With a median household income of $49,800/year and a median home price of $195,000, the price-to-income ratio is 3.9x. Fayetteville remains relatively affordable compared to many US metros.

What is the property tax rate in Fayetteville?

The effective property tax rate in Fayetteville is 0.79% of assessed value. On the median home of $195,000, that's roughly $1,541/year ($128/month).