Cost of Living in Fairmont, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
66.6
100 = national avg
-33.4 vs national average
Living Wage (1 Adult)
$29,283
per year
Living Wage (Family of 4)
$69,215
per year
Cost Index by Category
Housing62.8
Food77.9
Transportation55.8
Healthcare82.3
Utilities79.3
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 Fairmont is 66.6, which is 33.4% below the national average. Housing costs are below the national average at an index of 62.8. A single adult needs to earn approximately $29,283 per year to cover basic expenses.