Cost of Living in Flat Rock, NC

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

Cost of Living Overview

Overall Index

151.9

100 = national avg

+51.9 vs national average

Living Wage (1 Adult)

$66,815

per year

Living Wage (Family of 4)

$157,926

per year

Cost Index by Category

Housing
169.2
Food
129.5
Transportation
159.0
Healthcare
123.6
Utilities
131.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,429

per month

2 Bedroom

$1,567

per month

The overall cost of living index in Flat Rock is 151.9, which is 51.9% above the national average. Housing costs are above the national average at an index of 169.2. A single adult needs to earn approximately $66,815 per year to cover basic expenses.