Cost of Living in Laurel Park, NC

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

Cost of Living Overview

Overall Index

146.0

100 = national avg

+46.0 vs national average

Living Wage (1 Adult)

$64,224

per year

Living Wage (Family of 4)

$151,803

per year

Cost Index by Category

Housing
180.7
Food
118.1
Transportation
136.2
Healthcare
114.5
Utilities
127.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,429

per month

2 Bedroom

$1,567

per month

The overall cost of living index in Laurel Park is 146.0, which is 46.0% above the national average. Housing costs are above the national average at an index of 180.7. A single adult needs to earn approximately $64,224 per year to cover basic expenses.