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Belwood, NC vs Mars Hill, NC

76
Belwood
North Carolina
VS
-12.1%
87
Mars Hill
North Carolina

Belwood is moderately more affordable than Mars Hill, with a 12.1% lower cost of living index. Belwood scores 76 compared to 87 for Mars Hill, where the US average is 100. This difference means residents of Mars Hill can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Belwood is $907/month compared to $942/month in Mars Hill — a 4% difference. Home values follow the same pattern: Belwood is more affordable at $180,600 median vs $295,700.

Median household income in Belwood is $49,078 compared to $77,826 in Mars Hill (-36.9%). While Mars Hill is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Belwood spend roughly 22.2% of their income on rent, more than the 14.5% in Mars Hill.

Income & Cost

Cost of Living Index
Belwood
76
12% cheaper
Mars Hill
87
Median Household Income
Belwood
$49,078
Mars Hill
$77,826
37% higher

Housing

Median Rent
Belwood
$907
4% cheaper
Mars Hill
$942
Median Home Value
Belwood
$180,600
39% cheaper
Mars Hill
$295,700
Population
Belwood
928
Mars Hill
2,738

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Belwood $2.96
Mars Hill $2.97
US $3.07
🥚
Eggs (grade A, large)
Belwood $2.42
Mars Hill $2.42
US $2.50
🥛
Milk (whole)
Belwood $3.89
Mars Hill $3.90
US $4.03
🍞
Bread (white)
Belwood $1.79
Mars Hill $1.79
US $1.85
🍗
Chicken breast
Belwood $4.00
Mars Hill $4.01
US $4.14
Electricity
Belwood $0.16
Mars Hill $0.16
US $0.19