Cost of Living in Mills River, NC

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

Cost of Living Overview

Overall Index

141.6

100 = national avg

+41.6 vs national average

Living Wage (1 Adult)

$62,288

per year

Living Wage (Family of 4)

$147,226

per year

Cost Index by Category

Housing
170.2
Food
117.5
Transportation
135.1
Healthcare
114.0
Utilities
124.6

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 Mills River is 141.6, which is 41.6% above the national average. Housing costs are above the national average at an index of 170.2. A single adult needs to earn approximately $62,288 per year to cover basic expenses.