Cost of Living in Mount Olive, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
80.8
100 = national avg
-19.2 vs national average
Living Wage (1 Adult)
$35,546
per year
Living Wage (Family of 4)
$84,018
per year
Cost Index by Category
Housing84.0
Food85.1
Transportation70.1
Healthcare88.0
Utilities87.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$747
per month
2 Bedroom
$980
per month
The overall cost of living index in Mount Olive is 80.8, which is 19.2% below the national average. Housing costs are below the national average at an index of 84.0. A single adult needs to earn approximately $35,546 per year to cover basic expenses.