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Elizabeth City, NC vs Selma, NC

84
Elizabeth City
North Carolina
VS
+16.3%
73
Selma
North Carolina

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.

Income & Cost

Cost of Living Index
Elizabeth City
84
Selma
73
14% cheaper
Median Household Income
Elizabeth City
$50,947
27% higher
Selma
$37,440

Housing

Median Rent
Elizabeth City
$1,111
Selma
$824
26% cheaper
Median Home Value
Elizabeth City
$202,100
Selma
$161,100
20% cheaper
Population
Elizabeth City
18,740
Selma
6,611

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Elizabeth City $2.98
Selma $2.97
US $3.07
🥚
Eggs (grade A, large)
Elizabeth City $2.43
Selma $2.42
US $2.50
🥛
Milk (whole)
Elizabeth City $3.91
Selma $3.90
US $4.03
🍞
Bread (white)
Elizabeth City $1.80
Selma $1.79
US $1.85
🍗
Chicken breast
Elizabeth City $4.02
Selma $4.01
US $4.14
Electricity
Elizabeth City $0.17
Selma $0.16
US $0.19