Cost of Living in Lake Waccamaw, NC

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

Cost of Living Overview

Overall Index

120.3

100 = national avg

+20.3 vs national average

Living Wage (1 Adult)

$52,940

per year

Living Wage (Family of 4)

$125,132

per year

Cost Index by Category

Housing
128.4
Food
111.0
Transportation
122.1
Healthcare
108.8
Utilities
112.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$722

per month

2 Bedroom

$925

per month

The overall cost of living index in Lake Waccamaw is 120.3, which is 20.3% above the national average. Housing costs are above the national average at an index of 128.4. A single adult needs to earn approximately $52,940 per year to cover basic expenses.