Cost of Living in Carrboro, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
152.9
100 = national avg
+52.9 vs national average
Living Wage (1 Adult)
$67,265
per year
Living Wage (Family of 4)
$158,991
per year
Cost Index by Category
Housing205.2
Food115.7
Transportation131.4
Healthcare112.5
Utilities130.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,507
per month
2 Bedroom
$1,711
per month
The overall cost of living index in Carrboro is 152.9, which is 52.9% above the national average. Housing costs are above the national average at an index of 205.2. A single adult needs to earn approximately $67,265 per year to cover basic expenses.