Cost of Living in Hickory, NC
2024 data from the Bureau of Economic Analysis
Cost Index
88.5
11.5% below avg
Housing Index
59.6
Median Income
$57,943
Median Rent
$797/mo
Cost Breakdown
Overall88.5 (-11.5%)
Housing59.6 (-40.4%)
Goods96.6 (-3.4%)
Utilities87.8 (-12.2%)
Other Services98.2 (-1.8%)
National average = 100
Income & Housing
Median Household Income
$57,943/year
Median Home Value
$172,700
Median Monthly Rent
$797/mo
Per Capita Income
$31,932/year
Compare Hickory, NC With
Frequently Asked Questions
Is Hickory, NC expensive to live in?
Hickory, NC has a cost of living index of 88.5, which is 11.5% below the national average.
How much does housing cost in Hickory, NC?
Housing costs in Hickory, NC are indexed at 59.6 compared to the national average of 100. The median monthly rent is $797.
What is the average income in Hickory, NC?
The median household income in Hickory, NC is $57,943 per year.
What is the average home price in Hickory, NC?
The median home value in Hickory, NC is $172,700.