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Balfour, NC vs Brookford, NC

81
Balfour
North Carolina
VS
+19.4%
68
Brookford
North Carolina

There is a significant gap in the cost of living between these two cities. Brookford is 19.4% cheaper than Balfour. With a cost index of 68 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Brookford to Balfour should plan for substantially higher expenses across most categories.

On the housing front, median rent in Balfour is $743/month compared to $861/month in Brookford — a 14% difference. Interestingly, home values tell a different story: while Balfour has cheaper rent, Brookford actually has lower median home values ($125,000 vs $294,200).

Median household income in Balfour is $69,545 compared to $34,643 in Brookford (+100.7%). While Balfour is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Balfour spend roughly 12.8% of their income on rent, less than the 29.8% in Brookford.

Income & Cost

Cost of Living Index
Balfour
81
Brookford
68
16% cheaper
Median Household Income
Balfour
$69,545
50% higher
Brookford
$34,643

Housing

Median Rent
Balfour
$743
14% cheaper
Brookford
$861
Median Home Value
Balfour
$294,200
Brookford
$125,000
58% cheaper
Population
Balfour
1,132
Brookford
395

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Balfour $2.97
Brookford $2.97
US $3.07
🥚
Eggs (grade A, large)
Balfour $2.42
Brookford $2.42
US $2.50
🥛
Milk (whole)
Balfour $3.90
Brookford $3.90
US $4.03
🍞
Bread (white)
Balfour $1.79
Brookford $1.79
US $1.85
🍗
Chicken breast
Balfour $4.01
Brookford $4.01
US $4.14
Electricity
Balfour $0.16
Brookford $0.16
US $0.19