Cost of Living in Micro, NC

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

Cost of Living Overview

Overall Index

87.9

100 = national avg

-12.1 vs national average

Living Wage (1 Adult)

$38,656

per year

Living Wage (Family of 4)

$91,368

per year

Cost Index by Category

Housing
93.5
Food
89.1
Transportation
78.1
Healthcare
91.2
Utilities
92.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,596

per month

2 Bedroom

$1,750

per month

The overall cost of living index in Micro is 87.9, which is 12.1% below the national average. Housing costs are below the national average at an index of 93.5. A single adult needs to earn approximately $38,656 per year to cover basic expenses.