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Denver, NC vs Selma, NC

91
Denver
North Carolina
VS
+25%
73
Selma
North Carolina

There is a significant gap in the cost of living between these two cities. Selma is 25% cheaper than Denver. With a cost index of 73 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Selma to Denver should plan for substantially higher expenses across most categories.

On the housing front, median rent in Denver is $1,098/month compared to $824/month in Selma — a 33% difference. Home values follow the same pattern: Selma is more affordable at $161,100 median vs $285,600.

Median household income in Denver is $73,393 compared to $37,440 in Selma (+96%). While Denver is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Denver spend roughly 18% of their income on rent, less than the 26.4% in Selma.

Income & Cost

Cost of Living Index
Denver
91
Selma
73
20% cheaper
Median Household Income
Denver
$73,393
49% higher
Selma
$37,440

Housing

Median Rent
Denver
$1,098
Selma
$824
25% cheaper
Median Home Value
Denver
$285,600
Selma
$161,100
44% cheaper
Population
Denver
2,483
Selma
6,611

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Formula:

Everyday Prices

BLS Average Prices by metro area

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