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Broadway, NC vs Hot Springs, NC

80
Broadway
North Carolina
VS
+25.4%
64
Hot Springs
North Carolina

There is a significant gap in the cost of living between these two cities. Hot Springs is 25.4% cheaper than Broadway. With a cost index of 64 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hot Springs to Broadway should plan for substantially higher expenses across most categories.

On the housing front, median rent in Broadway is $924/month compared to $488/month in Hot Springs — a 89% difference. Home values follow the same pattern: Hot Springs is more affordable at $184,900 median vs $236,100.

Median household income in Broadway is $62,679 compared to $39,167 in Hot Springs (+60%). While Broadway is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Broadway spend roughly 17.7% of their income on rent, more than the 15% in Hot Springs.

Income & Cost

Cost of Living Index
Broadway
80
Hot Springs
64
20% cheaper
Median Household Income
Broadway
$62,679
38% higher
Hot Springs
$39,167

Housing

Median Rent
Broadway
$924
Hot Springs
$488
47% cheaper
Median Home Value
Broadway
$236,100
Hot Springs
$184,900
22% cheaper
Population
Broadway
1,429
Hot Springs
494

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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