Drexel, NC vs Old Fort, NC

Drexel, NC and Old Fort, NC have a very similar cost of living, with only a 1.1% difference in their overall index. Drexel scores 67 while Old Fort scores 66 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 Drexel is $625/month compared to $771/month in Old Fort — a 19% difference. Interestingly, home values tell a different story: while Drexel has cheaper rent, Old Fort actually has lower median home values ($121,400 vs $204,600).

Median household income in Drexel is $58,824 compared to $50,357 in Old Fort (+16.8%). 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 Drexel spend roughly 12.7% of their income on rent, less than the 18.4% in Old Fort.