Cost of Living in Governors Village, NC

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

Cost of Living Overview

Overall Index

174.1

100 = national avg

+74.1 vs national average

Living Wage (1 Adult)

$76,606

per year

Living Wage (Family of 4)

$181,070

per year

Cost Index by Category

Housing
223.6
Food
145.4
Transportation
110.4
Healthcare
136.3
Utilities
152.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,507

per month

2 Bedroom

$1,711

per month

The overall cost of living index in Governors Village is 174.1, which is 74.1% above the national average. Housing costs are above the national average at an index of 223.6. A single adult needs to earn approximately $76,606 per year to cover basic expenses.