Cost of Living in Halifax, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
96.4
100 = national avg
-3.6 vs national average
Living Wage (1 Adult)
$42,404
per year
Living Wage (Family of 4)
$100,229
per year
Cost Index by Category
Housing97.7
Food96.9
Transportation93.7
Healthcare97.5
Utilities97.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$742
per month
2 Bedroom
$925
per month
The overall cost of living index in Halifax is 96.4, which is 3.6% below the national average. Housing costs are below the national average at an index of 97.7. A single adult needs to earn approximately $42,404 per year to cover basic expenses.