Cost of Living in Scotch Meadows, NC

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

Cost of Living Overview

Overall Index

142.3

100 = national avg

+42.3 vs national average

Living Wage (1 Adult)

$62,631

per year

Living Wage (Family of 4)

$148,038

per year

Cost Index by Category

Housing
131.2
Food
134.6
Transportation
169.2
Healthcare
127.7
Utilities
127.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$755

per month

2 Bedroom

$925

per month

The overall cost of living index in Scotch Meadows is 142.3, which is 42.3% above the national average. Housing costs are above the national average at an index of 131.2. A single adult needs to earn approximately $62,631 per year to cover basic expenses.