Cost of Living in Elrod, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
69.1
100 = national avg
-30.9 vs national average
Living Wage (1 Adult)
$30,416
per year
Living Wage (Family of 4)
$71,892
per year
Cost Index by Category
Housing81.3
Food69.8
Transportation59.1
Healthcare75.9
Utilities78.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$748
per month
2 Bedroom
$925
per month
The overall cost of living index in Elrod is 69.1, which is 30.9% below the national average. Housing costs are below the national average at an index of 81.3. A single adult needs to earn approximately $30,416 per year to cover basic expenses.