Cost of Living in Red Oak, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
110.6
100 = national avg
+10.6 vs national average
Living Wage (1 Adult)
$48,651
per year
Living Wage (Family of 4)
$114,992
per year
Cost Index by Category
Housing99.1
Food112.3
Transportation124.5
Healthcare109.8
Utilities107.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$918
per month
2 Bedroom
$1,143
per month
The overall cost of living index in Red Oak is 110.6, which is 10.6% above the national average. Housing costs are below the national average at an index of 99.1. A single adult needs to earn approximately $48,651 per year to cover basic expenses.