Cost of Living in Falkland, NC

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

Cost of Living Overview

Overall Index

90.9

100 = national avg

-9.1 vs national average

Living Wage (1 Adult)

$40,001

per year

Living Wage (Family of 4)

$94,547

per year

Cost Index by Category

Housing
23.7
Food
121.5
Transportation
143.0
Healthcare
117.2
Utilities
97.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$896

per month

2 Bedroom

$1,095

per month

The overall cost of living index in Falkland is 90.9, which is 9.1% below the national average. Housing costs are below the national average at an index of 23.7. A single adult needs to earn approximately $40,001 per year to cover basic expenses.