Cost of Living in Gatesville, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
108.7
100 = national avg
+8.7 vs national average
Living Wage (1 Adult)
$47,814
per year
Living Wage (Family of 4)
$113,015
per year
Cost Index by Category
Housing99.2
Food100.9
Transportation156.4
Healthcare100.7
Utilities100.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,513
per month
2 Bedroom
$1,709
per month
The overall cost of living index in Gatesville is 108.7, which is 8.7% above the national average. Housing costs are below the national average at an index of 99.2. A single adult needs to earn approximately $47,814 per year to cover basic expenses.