Cost of Living in Godwin, NC

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

Cost of Living Overview

Overall Index

74.4

100 = national avg

-25.6 vs national average

Living Wage (1 Adult)

$32,733

per year

Living Wage (Family of 4)

$77,370

per year

Cost Index by Category

Housing
69.7
Utilities
90.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,113

per month

2 Bedroom

$1,251

per month

The overall cost of living index in Godwin is 74.4, which is 25.6% below the national average. Housing costs are below the national average at an index of 69.7. A single adult needs to earn approximately $32,733 per year to cover basic expenses.