Cost of Living in Cofield, NC

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

Cost of Living Overview

Overall Index

66.6

100 = national avg

-33.4 vs national average

Living Wage (1 Adult)

$29,302

per year

Living Wage (Family of 4)

$69,260

per year

Cost Index by Category

Housing
60.4
Utilities
88.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$705

per month

2 Bedroom

$925

per month

The overall cost of living index in Cofield is 66.6, which is 33.4% below the national average. Housing costs are below the national average at an index of 60.4. A single adult needs to earn approximately $29,302 per year to cover basic expenses.