Cost of Living in Welcome, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
96.0
100 = national avg
-4.0 vs national average
Living Wage (1 Adult)
$42,232
per year
Living Wage (Family of 4)
$99,822
per year
Cost Index by Category
Housing87.6
Food99.9
Transportation104.0
Healthcare100.0
Utilities97.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$876
per month
2 Bedroom
$960
per month
The overall cost of living index in Welcome is 96.0, which is 4.0% below the national average. Housing costs are below the national average at an index of 87.6. A single adult needs to earn approximately $42,232 per year to cover basic expenses.