Cost of Living in Morehead City, NC

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

Cost of Living Overview

Overall Index

103.6

100 = national avg

+3.6 vs national average

Living Wage (1 Adult)

$45,606

per year

Living Wage (Family of 4)

$107,796

per year

Cost Index by Category

Housing
133.4
Food
91.1
Transportation
77.2
Healthcare
92.8
Utilities
101.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$913

per month

2 Bedroom

$1,198

per month

The overall cost of living index in Morehead City is 103.6, which is 3.6% above the national average. Housing costs are above the national average at an index of 133.4. A single adult needs to earn approximately $45,606 per year to cover basic expenses.