Elizabeth City, NC vs Selma, NC
There is a significant gap in the cost of living between these two cities. Selma is 16.3% cheaper than Elizabeth City. With a cost index of 73 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Selma to Elizabeth City should plan for substantially higher expenses across most categories.
On the housing front, median rent in Elizabeth City is $1,111/month compared to $824/month in Selma — a 35% difference. Home values follow the same pattern: Selma is more affordable at $161,100 median vs $202,100.
Median household income in Elizabeth City is $50,947 compared to $37,440 in Selma (+36.1%). While Elizabeth City is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elizabeth City spend roughly 26.2% of their income on rent, less than the 26.4% in Selma.
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