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Elkin, NC vs Star, NC

71
Elkin
North Carolina
VS
+19.8%
60
Star
North Carolina

There is a significant gap in the cost of living between these two cities. Star is 19.8% cheaper than Elkin. With a cost index of 60 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Star to Elkin should plan for substantially higher expenses across most categories.

On the housing front, median rent in Elkin is $765/month compared to $547/month in Star — a 40% difference. Home values follow the same pattern: Star is more affordable at $131,600 median vs $187,200.

Median household income in Elkin is $60,434 compared to $37,135 in Star (+62.7%). While Elkin is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elkin spend roughly 15.2% of their income on rent, less than the 17.7% in Star.

Income & Cost

Cost of Living Index
Elkin
71
Star
60
16% cheaper
Median Household Income
Elkin
$60,434
39% higher
Star
$37,135

Housing

Median Rent
Elkin
$765
Star
$547
28% cheaper
Median Home Value
Elkin
$187,200
Star
$131,600
30% cheaper
Population
Elkin
4,025
Star
1,430

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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