Cost of Living in Boonville, NC

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

101.9

100 = national avg

+1.9 vs national average

Living Wage (1 Adult)

$44,854

per year

Living Wage (Family of 4)

$106,019

per year

Cost Index by Category

Housing
83.0
Food
109.2
Transportation
118.5
Healthcare
107.4
Utilities
102.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,082

per month

2 Bedroom

$1,232

per month

The overall cost of living index in Boonville is 101.9, which is 1.9% above the national average. Housing costs are below the national average at an index of 83.0. A single adult needs to earn approximately $44,854 per year to cover basic expenses.