Cost of Living in Davidson, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
208.0
100 = national avg
+108.0 vs national average
Living Wage (1 Adult)
$91,528
per year
Living Wage (Family of 4)
$216,339
per year
Cost Index by Category
Housing231.0
Food166.9
Transportation233.8
Healthcare153.5
Utilities166.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,222
per month
2 Bedroom
$1,340
per month
The overall cost of living index in Davidson is 208.0, which is 108.0% above the national average. Housing costs are above the national average at an index of 231.0. A single adult needs to earn approximately $91,528 per year to cover basic expenses.