Cost of Living in Five Points, NC

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

Cost of Living Overview

Overall Index

130.2

100 = national avg

+30.2 vs national average

Living Wage (1 Adult)

$57,295

per year

Living Wage (Family of 4)

$135,425

per year

Cost Index by Category

Housing
135.8
Utilities
110.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$761

per month

2 Bedroom

$998

per month

The overall cost of living index in Five Points is 130.2, which is 30.2% above the national average. Housing costs are above the national average at an index of 135.8. A single adult needs to earn approximately $57,295 per year to cover basic expenses.