Cherryville, NC vs Graham, NC

Cherryville, NC and Graham, NC have a very similar cost of living, with only a 0.1% difference in their overall index. Cherryville scores 79 while Graham scores 79 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 Cherryville is $948/month compared to $990/month in Graham — a 4% difference. Home values follow the same pattern: Cherryville is more affordable at $198,000 median vs $200,600.

Median household income in Cherryville is $58,701 compared to $54,783 in Graham (+7.2%). While Cherryville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cherryville spend roughly 19.4% of their income on rent, less than the 21.7% in Graham.