Cost of Living in Lake Norman of Iredell, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
222.4
100 = national avg
+122.4 vs national average
Living Wage (1 Adult)
$97,849
per year
Living Wage (Family of 4)
$231,279
per year
Cost Index by Category
Housing241.3
Food198.7
Transportation179.2
Healthcare178.9
Utilities187.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,222
per month
2 Bedroom
$1,340
per month
The overall cost of living index in Lake Norman of Iredell is 222.4, which is 122.4% above the national average. Housing costs are above the national average at an index of 241.3. A single adult needs to earn approximately $97,849 per year to cover basic expenses.