Cost of Living in Tar Heel, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
126.0
100 = national avg
+26.0 vs national average
Living Wage (1 Adult)
$55,424
per year
Living Wage (Family of 4)
$131,003
per year
Cost Index by Category
Housing79.8
Transportation255.0
Utilities93.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$705
per month
2 Bedroom
$925
per month
The overall cost of living index in Tar Heel is 126.0, which is 26.0% above the national average. Housing costs are below the national average at an index of 79.8. A single adult needs to earn approximately $55,424 per year to cover basic expenses.