Cost of Living in Carthage, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
95.2
100 = national avg
-4.8 vs national average
Living Wage (1 Adult)
$41,891
per year
Living Wage (Family of 4)
$99,015
per year
Cost Index by Category
Housing93.0
Food97.5
Transportation95.0
Healthcare98.0
Utilities97.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,239
per month
2 Bedroom
$1,358
per month
The overall cost of living index in Carthage is 95.2, which is 4.8% below the national average. Housing costs are below the national average at an index of 93.0. A single adult needs to earn approximately $41,891 per year to cover basic expenses.