Cost of living in Rocky Mount, NC — Housing, Rent & Index

Housing, rent, and a comparison to the US average.

$188,398
Median home value
$1,258/mo
Median rent
53
Cost index (US=100)
-1.2%
Home YoY change

The median home value in Rocky Mount, NC is $188,398 as of 2026-04. That places Rocky Mount below the US average for housing cost, with a cost index of approximately 53 versus a national baseline of 100.

Over the past 12 months, the median home value in Rocky Mount has moved sideways, and over the past five years it has averaged +6.9% annual growth. The current price sits -2.8% from its 5-year peak in 2024-07.

Renters pay a median of $1,258 per month in Rocky Mount. Rents have changed -1.5% over the last year and averaged — per year over five years.

Beyond housing, day-to-day costs in Rocky Mount are shaped by state and local taxes, utility rates, transportation, and groceries. This page focuses on the housing component, which is the largest single line in most household budgets and the easiest to compare across cities using consistent national data.

Housing

Median home value$188,398
1-year change-1.2%
5-year CAGR+6.9%
10-year CAGR+8.2%
vs 5-year peak-2.8%

Source: Zillow Home Value Index (ZHVI).

How Rocky Mount compares

Cost index53 (below US)
Median home vs US (~$355k)-46.9%
Population54,541
Momentum score59 (Stable)

Cost index is currently a housing-only proxy; full BLS basket coming with ACS pull.

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.