Cost of Living in Parkton, NC

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

Cost of Living Overview

Overall Index

95.1

100 = national avg

-4.9 vs national average

Living Wage (1 Adult)

$41,844

per year

Living Wage (Family of 4)

$98,904

per year

Cost Index by Category

Housing
105.9
Food
92.0
Transportation
84.1
Healthcare
93.6
Utilities
96.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$748

per month

2 Bedroom

$925

per month

The overall cost of living index in Parkton is 95.1, which is 4.9% below the national average. Housing costs are above the national average at an index of 105.9. A single adult needs to earn approximately $41,844 per year to cover basic expenses.