Chimney Rock Village, NC vs Seven Devils, NC

Chimney Rock Village, NC and Seven Devils, NC have a very similar cost of living, with only a 3.4% difference in their overall index. Chimney Rock Village scores 104 while Seven Devils scores 107 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 Chimney Rock Village is $1,317/month compared to $1,500/month in Seven Devils — a 12% difference. Interestingly, home values tell a different story: while Chimney Rock Village has cheaper rent, Seven Devils actually has lower median home values ($351,300 vs $361,100).

Median household income in Chimney Rock Village is $67,656 compared to $108,438 in Seven Devils (-37.6%). While Seven Devils is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Chimney Rock Village spend roughly 23.4% of their income on rent, more than the 16.6% in Seven Devils.