Cost of Living in Sims, NC

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

Cost of Living Overview

Overall Index

108.0

100 = national avg

+8.0 vs national average

Living Wage (1 Adult)

$47,532

per year

Living Wage (Family of 4)

$112,349

per year

Cost Index by Category

Housing
106.5
Food
106.3
Transportation
112.6
Healthcare
105.0
Utilities
105.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$794

per month

2 Bedroom

$1,025

per month

The overall cost of living index in Sims is 108.0, which is 8.0% above the national average. Housing costs are above the national average at an index of 106.5. A single adult needs to earn approximately $47,532 per year to cover basic expenses.