Cost of Living in Cherokee, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
82.0
100 = national avg
-18.0 vs national average
Living Wage (1 Adult)
$36,085
per year
Living Wage (Family of 4)
$85,292
per year
Cost Index by Category
Housing83.1
Food86.8
Transportation73.6
Healthcare89.5
Utilities88.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$813
per month
2 Bedroom
$925
per month
The overall cost of living index in Cherokee is 82.0, which is 18.0% below the national average. Housing costs are below the national average at an index of 83.1. A single adult needs to earn approximately $36,085 per year to cover basic expenses.