Cost of Living in Asheboro, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
86.6
100 = national avg
-13.4 vs national average
Living Wage (1 Adult)
$38,113
per year
Living Wage (Family of 4)
$90,084
per year
Cost Index by Category
Housing89.8
Food87.2
Transportation86.5
Healthcare89.7
Utilities90.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,213
per month
2 Bedroom
$1,330
per month
The overall cost of living index in Asheboro is 86.6, which is 13.4% below the national average. Housing costs are below the national average at an index of 89.8. A single adult needs to earn approximately $38,113 per year to cover basic expenses.