Balfour, NC vs Burgaw, NC

Balfour, NC and Burgaw, NC have a very similar cost of living, with only a 0.7% difference in their overall index. Balfour scores 81 while Burgaw scores 81 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 Balfour is $743/month compared to $1,020/month in Burgaw — a 27% difference. Interestingly, home values tell a different story: while Balfour has cheaper rent, Burgaw actually has lower median home values ($207,400 vs $294,200).

Median household income in Balfour is $69,545 compared to $65,514 in Burgaw (+6.2%). Balfour offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Balfour spend roughly 12.8% of their income on rent, less than the 18.7% in Burgaw.