Cost of Living in Spring Hope, NC

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

Cost of Living Overview

Overall Index

70.9

100 = national avg

-29.1 vs national average

Living Wage (1 Adult)

$31,208

per year

Living Wage (Family of 4)

$73,766

per year

Cost Index by Category

Housing
76.3
Food
77.2
Transportation
54.4
Healthcare
81.8
Utilities
81.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$918

per month

2 Bedroom

$1,143

per month

The overall cost of living index in Spring Hope is 70.9, which is 29.1% below the national average. Housing costs are below the national average at an index of 76.3. A single adult needs to earn approximately $31,208 per year to cover basic expenses.