Cost of Living in McDonald, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
72.7
100 = national avg
-27.3 vs national average
Living Wage (1 Adult)
$31,989
per year
Living Wage (Family of 4)
$75,610
per year
Cost Index by Category
Housing48.8
Food90.6
Transportation81.2
Healthcare92.5
Utilities84.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$748
per month
2 Bedroom
$925
per month
The overall cost of living index in McDonald is 72.7, which is 27.3% below the national average. Housing costs are below the national average at an index of 48.8. A single adult needs to earn approximately $31,989 per year to cover basic expenses.