Cost of Living in Lenoir, NC

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

Cost of Living Overview

Overall Index

80.1

100 = national avg

-19.9 vs national average

Living Wage (1 Adult)

$35,254

per year

Living Wage (Family of 4)

$83,328

per year

Cost Index by Category

Housing
76.7
Food
87.4
Transportation
74.7
Healthcare
89.9
Utilities
87.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$908

per month

2 Bedroom

$1,095

per month

The overall cost of living index in Lenoir is 80.1, which is 19.9% below the national average. Housing costs are below the national average at an index of 76.7. A single adult needs to earn approximately $35,254 per year to cover basic expenses.