Cost of Living in Stem, NC

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

Cost of Living Overview

Overall Index

116.6

100 = national avg

+16.6 vs national average

Living Wage (1 Adult)

$51,313

per year

Living Wage (Family of 4)

$121,285

per year

Cost Index by Category

Housing
108.2
Food
115.3
Transportation
130.5
Healthcare
112.2
Utilities
110.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,084

per month

2 Bedroom

$1,200

per month

The overall cost of living index in Stem is 116.6, which is 16.6% above the national average. Housing costs are above the national average at an index of 108.2. A single adult needs to earn approximately $51,313 per year to cover basic expenses.