Cost of Living in Simpson, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
84.0
100 = national avg
-16.0 vs national average
Living Wage (1 Adult)
$36,961
per year
Living Wage (Family of 4)
$87,362
per year
Cost Index by Category
Housing90.0
Food86.2
Transportation72.3
Healthcare88.9
Utilities89.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$896
per month
2 Bedroom
$1,095
per month
The overall cost of living index in Simpson is 84.0, which is 16.0% below the national average. Housing costs are below the national average at an index of 90.0. A single adult needs to earn approximately $36,961 per year to cover basic expenses.