Cost of Living in Nebo, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
69.8
100 = national avg
-30.2 vs national average
Living Wage (1 Adult)
$30,693
per year
Living Wage (Family of 4)
$72,548
per year
Cost Index by Category
Housing50.5
Food86.6
Transportation73.2
Healthcare89.3
Utilities82.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$790
per month
2 Bedroom
$925
per month
The overall cost of living index in Nebo is 69.8, which is 30.2% below the national average. Housing costs are below the national average at an index of 50.5. A single adult needs to earn approximately $30,693 per year to cover basic expenses.