Cost of Living in Black Mountain, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
123.5
100 = national avg
+23.5 vs national average
Living Wage (1 Adult)
$54,341
per year
Living Wage (Family of 4)
$128,442
per year
Cost Index by Category
Housing155.0
Food103.5
Transportation107.1
Healthcare102.8
Utilities113.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,429
per month
2 Bedroom
$1,567
per month
The overall cost of living index in Black Mountain is 123.5, which is 23.5% above the national average. Housing costs are above the national average at an index of 155.0. A single adult needs to earn approximately $54,341 per year to cover basic expenses.