Balfour, NC vs Hatteras, NC

There is a significant gap in the cost of living between these two cities. Balfour is 17.6% cheaper than Hatteras. With a cost index of 81 vs 98, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Balfour to Hatteras should plan for substantially higher expenses across most categories.

Median household income in Balfour is $69,545 compared to $48,980 in Hatteras (+42%). Balfour offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.