Cost of Living in Faith, NC

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

Cost of Living Overview

Overall Index

146.5

100 = national avg

+46.5 vs national average

Living Wage (1 Adult)

$64,472

per year

Living Wage (Family of 4)

$152,389

per year

Cost Index by Category

Housing
110.2
Food
148.0
Transportation
196.1
Healthcare
138.4
Utilities
130.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$958

per month

2 Bedroom

$1,196

per month

The overall cost of living index in Faith is 146.5, which is 46.5% above the national average. Housing costs are above the national average at an index of 110.2. A single adult needs to earn approximately $64,472 per year to cover basic expenses.