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News » Report Says the Cost of Living in Hendersonville is 28.6% Lower Than National Average

Report Says the Cost of Living in Hendersonville is 28.6% Lower Than National Average

November 20, 2023
whkp

This article originally appeared on WHKP

Hello WHKP-AM,

I wanted to let you know about doxo’s recently released report called: U.S. Mobile Phone Market Size and Household Spending Report 2023. Featured in Fierce Wireless, the report found that, on average, Americans spend $119 per month on their mobile phone bills. In comparison, Hendersonville residents spend $110 per month, 7.6% lower than the national average.

In addition to this report, doxo has cost of living data like this for more than 4k cities across the U.S. Specifically for Hendersonville, doxo’s data shows:

  • The average Hendersonville household pays $1,461 per month, or $17,533 per year for the 10 most common household bills
  • This makes Hendersonville the #134 most expensive city in North Carolina
  • The cost of living in Hendersonville is 28.6% lower than the national average of $2,046, and 23.6% lower than the state average of $1,913.
  • Hendersonville households spend 31% of their income on household bills
  • North Carolina residents spend $111 per month on mobile phone services
  • Hendersonville, North Carolina bills are $7,024 per year lower than the US average.
  • The avg. household in Hendersonville, North Carolina pays $1,461 per month, or $17,533 per year on bills.
  • Hendersonville, North Carolina is the #134 most expensive city in North Carolina for household expenses.
  • Household expenses in Hendersonville, North Carolina are 28.6% lower than the US average.
  • Household bills account for 31% of annual household income of $56,032 in Hendersonville, North Carolina.
    • Mortgage: $1,205
    • Rent: $938
    • Auto Loans: $346
    • Utilities: $246
    • Health Insurance: $79
    • Auto Insurance: $118
    • Cable & Internet: $105
    • Mobile: $110
    • Alarm & Security: $82
    • Life Insurance: $56

doxoINSIGHTS Methodology
doxo’s proprietary and comprehensive dataset — based on actual bill payments across 97% of U.S. zip codes and 45 bill pay service categories, enables precision much greater than typical survey-based estimates of market size and consumer spend. The doxo Household Bill Pay dataset provides resolution at the national, state, county and city levels, enabling the deepest and most complete picture of the essential financial obligations of US Households.