Cherryville, NC vs Havelock, NC

Cherryville is moderately more affordable than Havelock, with a 8.9% lower cost of living index. Cherryville scores 79 compared to 87 for Havelock, where the US average is 100. This difference means residents of Havelock can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cherryville is $948/month compared to $1,269/month in Havelock — a 25% difference. Interestingly, home values tell a different story: while Cherryville has cheaper rent, Havelock actually has lower median home values ($186,800 vs $198,000).

Median household income in Cherryville is $58,701 compared to $64,433 in Havelock (-8.9%). The higher salaries in Havelock partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Cherryville spend roughly 19.4% of their income on rent, less than the 23.6% in Havelock.