Cost of Living in Iron Station, NC

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

Cost of Living Overview

Overall Index

93.1

100 = national avg

-6.9 vs national average

Living Wage (1 Adult)

$40,983

per year

Living Wage (Family of 4)

$96,869

per year

Cost Index by Category

Housing
72.8
Food
107.0
Transportation
93.7
Healthcare
105.6
Utilities
98.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$953

per month

2 Bedroom

$1,054

per month

The overall cost of living index in Iron Station is 93.1, which is 6.9% below the national average. Housing costs are below the national average at an index of 72.8. A single adult needs to earn approximately $40,983 per year to cover basic expenses.