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Columbia, NC vs Drexel, NC

60
Columbia
North Carolina
VS
-10.1%
67
Drexel
North Carolina

Columbia is moderately more affordable than Drexel, with a 10.1% lower cost of living index. Columbia scores 60 compared to 67 for Drexel, where the US average is 100. This difference means residents of Drexel can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Columbia is $573/month compared to $625/month in Drexel — a 8% difference. Home values follow the same pattern: Columbia is more affordable at $120,700 median vs $204,600.

Median household income in Columbia is $21,118 compared to $58,824 in Drexel (-64.1%). While Drexel is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Columbia spend roughly 32.6% of their income on rent, more than the 12.7% in Drexel. The Drexel ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Columbia
60
10% cheaper
Drexel
67
Median Household Income
Columbia
$21,118
Drexel
$58,824
64% higher

Housing

Median Rent
Columbia
$573
8% cheaper
Drexel
$625
Median Home Value
Columbia
$120,700
41% cheaper
Drexel
$204,600
Population
Columbia
674
Drexel
1,862

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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