Cost of Living in Hickory, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
101.8
100 = national avg
+1.8 vs national average
Living Wage (1 Adult)
$44,778
per year
Living Wage (Family of 4)
$105,840
per year
Cost Index by Category
Housing112.5
Food98.4
Transportation87.1
Healthcare98.7
Utilities101.6
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 Hickory is 101.8, which is 1.8% above the national average. Housing costs are above the national average at an index of 112.5. A single adult needs to earn approximately $44,778 per year to cover basic expenses.