Cost of Living in Siler City, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
88.2
100 = national avg
-11.8 vs national average
Living Wage (1 Adult)
$38,793
per year
Living Wage (Family of 4)
$91,693
per year
Cost Index by Category
Housing93.1
Food89.6
Transportation79.1
Healthcare91.6
Utilities92.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,507
per month
2 Bedroom
$1,711
per month
The overall cost of living index in Siler City is 88.2, which is 11.8% below the national average. Housing costs are below the national average at an index of 93.1. A single adult needs to earn approximately $38,793 per year to cover basic expenses.