Carrboro, NC vs Woodfin, NC

Woodfin is moderately more affordable than Carrboro, with a 12.2% lower cost of living index. Carrboro scores 116 compared to 104 for Woodfin, where the US average is 100. This difference means residents of Carrboro can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Carrboro is $1,337/month compared to $1,408/month in Woodfin — a 5% difference. Interestingly, home values tell a different story: while Carrboro has cheaper rent, Woodfin actually has lower median home values ($326,600 vs $507,100).

Median household income in Carrboro is $85,927 compared to $62,759 in Woodfin (+36.9%). While Carrboro is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Carrboro spend roughly 18.7% of their income on rent, less than the 26.9% in Woodfin.