Cost of Living in Grantsboro, NC

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

Cost of Living Overview

Overall Index

91.5

100 = national avg

-8.5 vs national average

Living Wage (1 Adult)

$40,254

per year

Living Wage (Family of 4)

$95,146

per year

Cost Index by Category

Housing
82.7
Food
97.6
Transportation
95.2
Healthcare
98.1
Utilities
95.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$866

per month

2 Bedroom

$1,077

per month

The overall cost of living index in Grantsboro is 91.5, which is 8.5% below the national average. Housing costs are below the national average at an index of 82.7. A single adult needs to earn approximately $40,254 per year to cover basic expenses.