Cost of Living in Locust, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
114.8
100 = national avg
+14.8 vs national average
Living Wage (1 Adult)
$50,534
per year
Living Wage (Family of 4)
$119,444
per year
Cost Index by Category
Housing113.5
Food109.8
Transportation127.1
Healthcare107.9
Utilities108.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$705
per month
2 Bedroom
$925
per month
The overall cost of living index in Locust is 114.8, which is 14.8% above the national average. Housing costs are above the national average at an index of 113.5. A single adult needs to earn approximately $50,534 per year to cover basic expenses.