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Clemmons, NC vs Mills River, NC

93
Clemmons
North Carolina
VS
-17.4%
112
Mills River
North Carolina

There is a significant gap in the cost of living between these two cities. Clemmons is 17.4% cheaper than Mills River. With a cost index of 93 vs 112, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Clemmons to Mills River should plan for substantially higher expenses across most categories.

On the housing front, median rent in Clemmons is $1,172/month compared to $1,611/month in Mills River — a 27% difference. Home values follow the same pattern: Clemmons is more affordable at $306,900 median vs $358,500.

Median household income in Clemmons is $84,326 compared to $88,359 in Mills River (-4.6%). Mills River does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Clemmons spend roughly 16.7% of their income on rent, less than the 21.9% in Mills River.

Income & Cost

Cost of Living Index
Clemmons
93
17% cheaper
Mills River
112
Median Household Income
Clemmons
$84,326
Mills River
$88,359
5% higher

Housing

Median Rent
Clemmons
$1,172
27% cheaper
Mills River
$1,611
Median Home Value
Clemmons
$306,900
14% cheaper
Mills River
$358,500
Population
Clemmons
21,574
Mills River
7,214

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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