Asheboro, NC vs Rocky Mount, NC

Asheboro, NC and Rocky Mount, NC have a very similar cost of living, with only a 1.2% difference in their overall index. Asheboro scores 72 while Rocky Mount scores 71 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Asheboro is $855/month compared to $919/month in Rocky Mount — a 7% difference. Interestingly, home values tell a different story: while Asheboro has cheaper rent, Rocky Mount actually has lower median home values ($148,300 vs $162,800).

Median household income in Asheboro is $48,628 compared to $52,927 in Rocky Mount (-8.1%). Rocky Mount offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Asheboro spend roughly 21.1% of their income on rent, more than the 20.8% in Rocky Mount.