Cost of Living in Cove City, NC

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

Cost of Living Overview

Overall Index

80.8

100 = national avg

-19.2 vs national average

Living Wage (1 Adult)

$35,547

per year

Living Wage (Family of 4)

$84,019

per year

Cost Index by Category

Housing
74.8
Food
88.9
Transportation
77.8
Healthcare
91.1
Utilities
88.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$902

per month

2 Bedroom

$1,184

per month

The overall cost of living index in Cove City is 80.8, which is 19.2% below the national average. Housing costs are below the national average at an index of 74.8. A single adult needs to earn approximately $35,547 per year to cover basic expenses.