2023 Cost of Living Calculator: compare Lenoir, North Carolina to Los Angeles, California
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2023 Cost of Living Calculator:
Lenoir, North Carolina vs Los Angeles, California

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A salary of $50,000 in Lenoir, North Carolina should increase to $109,714 in Los Angeles, California (assumptions include Homeowner, no Child Care, and Taxes are not considered. Click here to customize.)

Comparison Highlights
- Overall, Los Angeles, California is more expensive than Lenoir, North Carolina
- Median Home Cost is the biggest factor in the cost of living difference.
- Median Home Cost is 394% more expensive in Los Angeles.
Cost of Living IndexesLenoir, NCLos Angeles, CADifference
Overall Index: Homeowner, No Child care, Taxes Not Considered80.3176.2119.4% more
Food & Groceries93.6104.111.2% more
Housing (Homeowner)41.9298.2611.7% more
Median Home Cost$184,500$912,500$728,000 (394.6% more)
Utilities99.893.76.1% less
Transportation80.2165.3106.1% more
Health129.89030.7% less
Miscellaneous95.6104.59.3% more
100 = US Average. (Below 100 means cheaper than the US average. Above 100 means more expensive.)

DID YOU KNOW?
In order to keep your same standard of living the $109,714 can vary greatly - whether you buy or rent, require child care, or want to include taxes. This is why we are now offering a Premium Salary & Cost of Living Calculator.

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- Groceries prices, detailed for 29 staple items in six categories
- Difference in cost of Utilities, including electric, gas and fuel oil
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WHAT IS A COST OF LIVING INDEX

A cost of living index allows you to compare what it costs to live in one place against another, revealing how far your money will go in different areas. Scores are presented in relation to the national average of 100. If a place’s COL index is below 100, it’s cheaper than the national average. If it’s over 100, it’s more expensive than the national average.

For example, a cost of living index of 130 means it costs 30% more to live there as compared to the national average (130-100=30). If you perform the same calculation with a cost of index below the national average of 100, you’ll get a negative number showing how much money you’ll save. So, in a place with a COL of 85, that means it costs 15% less to live there than the national average (85-100=-15).


THE BESTPLACES COST OF LIVING SCORE

The BestPlaces cost of living index is the most accurate and complete available because we add many new categories to the current and historical systems. We start with ACCRA’s 100-as-national-average model adopted by the Council for Community and Economic Research (C2ER) in 1968, then update and expand it to include 21st-century consumer spending preferences and expenditure types.

Using sophisticated modeling techniques, our BestPlaces analysis expands the geographic scope of our Cost of Living Indexes down to the zip code level, covering every county, city, and metro area in the United States.

The BestPlaces cost of living score includes housing prices for renters or homeowners, utilities (electric, natural gas, oil), healthcare costs (premiums and common surgeries), entertainment costs, transportation expenses (vehicle insurance and registration fees, gas prices and commuting costs, vehicle depreciation), food prices (meat, dairy, ready-to-eat, and more), child care (for both infants and toddlers, at home and away from home), and taxes (income, property, sales, motor vehicle).

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