Cost of Living in Claremont, NC

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

Cost of Living Overview

Overall Index

97.9

100 = national avg

-2.1 vs national average

Living Wage (1 Adult)

$43,070

per year

Living Wage (Family of 4)

$101,803

per year

Cost Index by Category

Housing
105.0
Food
95.5
Transportation
91.1
Healthcare
96.4
Utilities
98.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$908

per month

2 Bedroom

$1,095

per month

The overall cost of living index in Claremont is 97.9, which is 2.1% below the national average. Housing costs are above the national average at an index of 105.0. A single adult needs to earn approximately $43,070 per year to cover basic expenses.