Cost of Living in Lake Lure, NC

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

Cost of Living Overview

Overall Index

125.0

100 = national avg

+25.0 vs national average

Living Wage (1 Adult)

$55,021

per year

Living Wage (Family of 4)

$130,049

per year

Cost Index by Category

Housing
151.6
Food
105.7
Transportation
117.5
Healthcare
104.5
Utilities
113.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$806

per month

2 Bedroom

$925

per month

The overall cost of living index in Lake Lure is 125.0, which is 25.0% above the national average. Housing costs are above the national average at an index of 151.6. A single adult needs to earn approximately $55,021 per year to cover basic expenses.