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Cherryville, NC vs Lenoir, NC

79
Cherryville
North Carolina
VS
+21.3%
65
Lenoir
North Carolina

There is a significant gap in the cost of living between these two cities. Lenoir is 21.3% cheaper than Cherryville. With a cost index of 65 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lenoir to Cherryville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cherryville is $948/month compared to $671/month in Lenoir — a 41% difference. Home values follow the same pattern: Lenoir is more affordable at $165,200 median vs $198,000.

Median household income in Cherryville is $58,701 compared to $48,889 in Lenoir (+20.1%). The higher salaries in Cherryville 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, more than the 16.5% in Lenoir.

Income & Cost

Cost of Living Index
Cherryville
79
Lenoir
65
18% cheaper
Median Household Income
Cherryville
$58,701
17% higher
Lenoir
$48,889

Housing

Median Rent
Cherryville
$948
Lenoir
$671
29% cheaper
Median Home Value
Cherryville
$198,000
Lenoir
$165,200
17% cheaper
Population
Cherryville
6,154
Lenoir
18,282

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Cherryville $2.96
Lenoir $2.97
US $3.07
🥚
Eggs (grade A, large)
Cherryville $2.42
Lenoir $2.42
US $2.50
🥛
Milk (whole)
Cherryville $3.89
Lenoir $3.90
US $4.03
🍞
Bread (white)
Cherryville $1.79
Lenoir $1.79
US $1.85
🍗
Chicken breast
Cherryville $4.00
Lenoir $4.01
US $4.14
Electricity
Cherryville $0.16
Lenoir $0.16
US $0.19