Quick answer
Prices in Hickory-Lenoir-Morganton, NC were 11.5% below the US average in 2024 (Regional Price Parity 88.5, US = 100), with a housing-rent index of 59.6, per the U.S. Bureau of Economic Analysis.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities (2024)
| Category | Price index (US = 100) |
|---|---|
| All items | 88.486 |
| Goods | 96.621 |
| Housing (rents) | 59.578 |
| Utilities | 87.810 |
| Other services | 98.186 |
| — All items by year — | |
| 2024 | 88.486 |
| 2023 | 89.374 |
| 2022 | 89.475 |
| 2021 | 89.074 |
| 2020 | 86.988 |
| 2019 | 86.976 |
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Last updated 2026-10-16. Data only, not financial or tax advice.