Cost of Living in Elroy, NC

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

Cost of Living Overview

Overall Index

86.1

100 = national avg

-13.9 vs national average

Living Wage (1 Adult)

$37,871

per year

Living Wage (Family of 4)

$89,513

per year

Cost Index by Category

Housing
82.7
Food
91.6
Transportation
83.1
Healthcare
93.2
Utilities
91.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$948

per month

2 Bedroom

$1,244

per month

The overall cost of living index in Elroy is 86.1, which is 13.9% below the national average. Housing costs are below the national average at an index of 82.7. A single adult needs to earn approximately $37,871 per year to cover basic expenses.