Chapel Hill, NC vs Holly Springs, NC

Chapel Hill, NC and Holly Springs, NC have a very similar cost of living, with only a 3.3% difference in their overall index. Chapel Hill scores 126 while Holly Springs scores 131 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Chapel Hill is $1,483/month compared to $1,858/month in Holly Springs — a 20% difference. Interestingly, home values tell a different story: while Chapel Hill has cheaper rent, Holly Springs actually has lower median home values ($485,500 vs $576,500).

Median household income in Chapel Hill is $85,825 compared to $132,435 in Holly Springs (-35.2%). While Holly Springs is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Chapel Hill spend roughly 20.7% of their income on rent, more than the 16.8% in Holly Springs.