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Cherokee, NC vs Valdese, NC

73
Cherokee
North Carolina
VS
+13.4%
64
Valdese
North Carolina

Valdese is moderately more affordable than Cherokee, with a 13.4% lower cost of living index. Cherokee scores 73 compared to 64 for Valdese, where the US average is 100. This difference means residents of Cherokee can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cherokee is $799/month compared to $627/month in Valdese — a 27% difference. Home values follow the same pattern: Valdese is more affordable at $171,300 median vs $192,700.

Median household income in Cherokee is $48,173 compared to $61,250 in Valdese (-21.4%). Valdese offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cherokee spend roughly 19.9% of their income on rent, more than the 12.3% in Valdese.

Income & Cost

Cost of Living Index
Cherokee
73
Valdese
64
12% cheaper
Median Household Income
Cherokee
$48,173
Valdese
$61,250
21% higher

Housing

Median Rent
Cherokee
$799
Valdese
$627
22% cheaper
Median Home Value
Cherokee
$192,700
Valdese
$171,300
11% cheaper
Population
Cherokee
1,631
Valdese
4,689

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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