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Elon, NC vs Trent Woods, NC

110
Elon
North Carolina
VS
+12.3%
98
Trent Woods
North Carolina

Trent Woods is moderately more affordable than Elon, with a 12.3% lower cost of living index. Elon scores 110 compared to 98 for Trent Woods, where the US average is 100. This difference means residents of Elon can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Elon is $1,584/month compared to $1,342/month in Trent Woods — a 18% difference. Home values follow the same pattern: Trent Woods is more affordable at $294,200 median vs $355,800.

Median household income in Elon is $82,717 compared to $109,097 in Trent Woods (-24.2%). Trent Woods offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Elon spend roughly 23% of their income on rent, more than the 14.8% in Trent Woods.

Income & Cost

Cost of Living Index
Elon
110
Trent Woods
98
11% cheaper
Median Household Income
Elon
$82,717
Trent Woods
$109,097
24% higher

Housing

Median Rent
Elon
$1,584
Trent Woods
$1,342
15% cheaper
Median Home Value
Elon
$355,800
Trent Woods
$294,200
17% cheaper
Population
Elon
11,325
Trent Woods
4,086

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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