Balfour, NC vs Plymouth, NC

There is a significant gap in the cost of living between these two cities. Plymouth is 24.9% cheaper than Balfour. With a cost index of 65 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Plymouth to Balfour should plan for substantially higher expenses across most categories.

On the housing front, median rent in Balfour is $743/month compared to $819/month in Plymouth — a 9% difference. Interestingly, home values tell a different story: while Balfour has cheaper rent, Plymouth actually has lower median home values ($83,900 vs $294,200).

Median household income in Balfour is $69,545 compared to $30,462 in Plymouth (+128.3%). 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 32.3% in Plymouth. The Balfour ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.