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Colerain, NC vs Faison, NC

71
Colerain
North Carolina
VS
+19.7%
59
Faison
North Carolina

There is a significant gap in the cost of living between these two cities. Faison is 19.7% cheaper than Colerain. With a cost index of 59 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Faison to Colerain should plan for substantially higher expenses across most categories.

On the housing front, median rent in Colerain is $818/month compared to $605/month in Faison — a 35% difference. Home values follow the same pattern: Faison is more affordable at $93,300 median vs $155,800.

Median household income in Colerain is $92,917 compared to $38,173 in Faison (+143.4%). While Colerain is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Colerain spend roughly 10.6% of their income on rent, less than the 19% in Faison.

Income & Cost

Cost of Living Index
Colerain
71
Faison
59
16% cheaper
Median Household Income
Colerain
$92,917
59% higher
Faison
$38,173

Housing

Median Rent
Colerain
$818
Faison
$605
26% cheaper
Median Home Value
Colerain
$155,800
Faison
$93,300
40% cheaper
Population
Colerain
291
Faison
826

Salary Equivalency Calculator

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