Cost of Living in Hamilton, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
70.1
100 = national avg
-29.9 vs national average
Living Wage (1 Adult)
$30,860
per year
Living Wage (Family of 4)
$72,942
per year
Cost Index by Category
Housing43.6
Food81.2
Transportation114.1
Healthcare84.9
Utilities77.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$705
per month
2 Bedroom
$925
per month
The overall cost of living index in Hamilton is 70.1, which is 29.9% below the national average. Housing costs are below the national average at an index of 43.6. A single adult needs to earn approximately $30,860 per year to cover basic expenses.