Cost of Living in Glen Raven, NC

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

Cost of Living Overview

Overall Index

95.0

100 = national avg

-5.0 vs national average

Living Wage (1 Adult)

$41,804

per year

Living Wage (Family of 4)

$98,810

per year

Cost Index by Category

Housing
85.9
Food
99.1
Transportation
105.2
Healthcare
99.2
Utilities
96.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,230

per month

2 Bedroom

$1,348

per month

The overall cost of living index in Glen Raven is 95.0, which is 5.0% below the national average. Housing costs are below the national average at an index of 85.9. A single adult needs to earn approximately $41,804 per year to cover basic expenses.