Cost of Living in Mount Holly, NC

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

Cost of Living Overview

Overall Index

118.1

100 = national avg

+18.1 vs national average

Living Wage (1 Adult)

$51,947

per year

Living Wage (Family of 4)

$122,783

per year

Cost Index by Category

Housing
132.7
Food
108.0
Transportation
108.0
Healthcare
106.4
Utilities
111.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,538

per month

2 Bedroom

$1,686

per month

The overall cost of living index in Mount Holly is 118.1, which is 18.1% above the national average. Housing costs are above the national average at an index of 132.7. A single adult needs to earn approximately $51,947 per year to cover basic expenses.