Cost of Living in Davis, NC

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

Cost of Living Overview

Overall Index

98.6

100 = national avg

-1.4 vs national average

Living Wage (1 Adult)

$43,397

per year

Living Wage (Family of 4)

$102,575

per year

Cost Index by Category

Housing
85.9
Food
104.3
Transportation
108.7
Healthcare
103.5
Utilities
99.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$913

per month

2 Bedroom

$1,198

per month

The overall cost of living index in Davis is 98.6, which is 1.4% below the national average. Housing costs are below the national average at an index of 85.9. A single adult needs to earn approximately $43,397 per year to cover basic expenses.