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Carrboro, NC vs St. Stephens, NC

116
Carrboro
North Carolina
VS
+59.5%
73
St. Stephens
North Carolina

The cost of living difference between Carrboro, NC and St. Stephens, NC is dramatic. St. Stephens is 59.5% cheaper than Carrboro, a gap that translates to thousands of dollars per year in household expenses. Carrboro has a cost index of 116 while St. Stephens sits at 73, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Carrboro is $1,337/month compared to $864/month in St. Stephens — a 55% difference. Home values follow the same pattern: St. Stephens is more affordable at $187,500 median vs $507,100.

Median household income in Carrboro is $85,927 compared to $57,882 in St. Stephens (+48.5%). The higher salaries in Carrboro partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Carrboro spend roughly 18.7% of their income on rent, more than the 17.9% in St. Stephens.

Income & Cost

Cost of Living Index
Carrboro
116
St. Stephens
73
37% cheaper
Median Household Income
Carrboro
$85,927
33% higher
St. Stephens
$57,882

Housing

Median Rent
Carrboro
$1,337
St. Stephens
$864
35% cheaper
Median Home Value
Carrboro
$507,100
St. Stephens
$187,500
63% cheaper
Population
Carrboro
21,170
St. Stephens
9,409

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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