Cost of Living in Granite Falls, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
104.2
100 = national avg
+4.2 vs national average
Living Wage (1 Adult)
$45,849
per year
Living Wage (Family of 4)
$108,370
per year
Cost Index by Category
Housing95.1
Food106.8
Transportation113.5
Healthcare105.4
Utilities103.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$908
per month
2 Bedroom
$1,095
per month
The overall cost of living index in Granite Falls is 104.2, which is 4.2% above the national average. Housing costs are below the national average at an index of 95.1. A single adult needs to earn approximately $45,849 per year to cover basic expenses.