Cost of Living in Mount Gilead, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
92.4
100 = national avg
-7.6 vs national average
Living Wage (1 Adult)
$40,646
per year
Living Wage (Family of 4)
$96,072
per year
Cost Index by Category
Housing92.5
Food94.5
Transportation89.1
Healthcare95.6
Utilities95.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$794
per month
2 Bedroom
$925
per month
The overall cost of living index in Mount Gilead is 92.4, which is 7.6% below the national average. Housing costs are below the national average at an index of 92.5. A single adult needs to earn approximately $40,646 per year to cover basic expenses.