Cost of Living in Swannanoa, NC

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

Cost of Living Overview

Overall Index

103.6

100 = national avg

+3.6 vs national average

Living Wage (1 Adult)

$45,575

per year

Living Wage (Family of 4)

$107,722

per year

Cost Index by Category

Housing
95.8
Food
105.8
Transportation
111.6
Healthcare
104.6
Utilities
102.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,429

per month

2 Bedroom

$1,567

per month

The overall cost of living index in Swannanoa is 103.6, which is 3.6% above the national average. Housing costs are below the national average at an index of 95.8. A single adult needs to earn approximately $45,575 per year to cover basic expenses.