Cost of Living in Rennert, NC

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

Cost of Living Overview

Overall Index

59.1

100 = national avg

-40.9 vs national average

Living Wage (1 Adult)

$25,994

per year

Living Wage (Family of 4)

$61,441

per year

Cost Index by Category

Housing
51.5
Utilities
85.5

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 Rennert is 59.1, which is 40.9% below the national average. Housing costs are below the national average at an index of 51.5. A single adult needs to earn approximately $25,994 per year to cover basic expenses.