Cost of Living in Franklinville, NC

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

Cost of Living Overview

Overall Index

87.1

100 = national avg

-12.9 vs national average

Living Wage (1 Adult)

$38,310

per year

Living Wage (Family of 4)

$90,551

per year

Cost Index by Category

Housing
86.1
Food
91.2
Transportation
82.5
Healthcare
93.0
Utilities
92.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,213

per month

2 Bedroom

$1,330

per month

The overall cost of living index in Franklinville is 87.1, which is 12.9% below the national average. Housing costs are below the national average at an index of 86.1. A single adult needs to earn approximately $38,310 per year to cover basic expenses.