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Chapel Hill, NC vs Hickory, NC

126
Chapel Hill
North Carolina
VS
+55.5%
81
Hickory
North Carolina

The cost of living difference between Chapel Hill, NC and Hickory, NC is dramatic. Hickory is 55.5% cheaper than Chapel Hill, a gap that translates to thousands of dollars per year in household expenses. Chapel Hill has a cost index of 126 while Hickory sits at 81, 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 Chapel Hill is $1,483/month compared to $975/month in Hickory — a 52% difference. Home values follow the same pattern: Hickory is more affordable at $248,300 median vs $576,500.

Median household income in Chapel Hill is $85,825 compared to $63,361 in Hickory (+35.5%). The higher salaries in Chapel Hill partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Chapel Hill spend roughly 20.7% of their income on rent, more than the 18.5% in Hickory.

Income & Cost

Cost of Living Index
Chapel Hill
126
Hickory
81
36% cheaper
Median Household Income
Chapel Hill
$85,825
26% higher
Hickory
$63,361

Housing

Median Rent
Chapel Hill
$1,483
Hickory
$975
34% cheaper
Median Home Value
Chapel Hill
$576,500
Hickory
$248,300
57% cheaper
Population
Chapel Hill
59,889
Hickory
43,747

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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