Cost of Living in Falcon, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
105.6
100 = national avg
+5.6 vs national average
Living Wage (1 Adult)
$46,475
per year
Living Wage (Family of 4)
$109,850
per year
Cost Index by Category
Housing88.0
Food111.3
Transportation122.6
Healthcare109.0
Utilities104.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$806
per month
2 Bedroom
$925
per month
The overall cost of living index in Falcon is 105.6, which is 5.6% above the national average. Housing costs are below the national average at an index of 88.0. A single adult needs to earn approximately $46,475 per year to cover basic expenses.