Cost of Living in Hope Mills, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
101.7
100 = national avg
+1.7 vs national average
Living Wage (1 Adult)
$44,739
per year
Living Wage (Family of 4)
$105,746
per year
Cost Index by Category
Housing108.8
Food96.4
Transportation103.9
Healthcare97.1
Utilities99.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,113
per month
2 Bedroom
$1,251
per month
The overall cost of living index in Hope Mills is 101.7, which is 1.7% above the national average. Housing costs are above the national average at an index of 108.8. A single adult needs to earn approximately $44,739 per year to cover basic expenses.