Asheboro, NC vs St. Stephens, NC

Asheboro, NC and St. Stephens, NC have a very similar cost of living, with only a 1.5% difference in their overall index. Asheboro scores 72 while St. Stephens scores 73 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 $864/month in St. Stephens — a 1% difference. Home values follow the same pattern: Asheboro is more affordable at $162,800 median vs $187,500.

Median household income in Asheboro is $48,628 compared to $57,882 in St. Stephens (-16%). While St. Stephens is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Asheboro spend roughly 21.1% of their income on rent, more than the 17.9% in St. Stephens.