Cost of Living in Kannapolis, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
113.1
100 = national avg
+13.1 vs national average
Living Wage (1 Adult)
$49,744
per year
Living Wage (Family of 4)
$117,578
per year
Cost Index by Category
Housing125.6
Food104.0
Transportation108.1
Healthcare103.2
Utilities107.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$958
per month
2 Bedroom
$1,196
per month
The overall cost of living index in Kannapolis is 113.1, which is 13.1% above the national average. Housing costs are above the national average at an index of 125.6. A single adult needs to earn approximately $49,744 per year to cover basic expenses.