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Fairplains, NC vs Locust, NC

63
Fairplains
North Carolina
VS
-25.3%
84
Locust
North Carolina

There is a significant gap in the cost of living between these two cities. Fairplains is 25.3% cheaper than Locust. With a cost index of 63 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Fairplains to Locust should plan for substantially higher expenses across most categories.

On the housing front, median rent in Fairplains is $631/month compared to $887/month in Locust — a 29% difference. Home values follow the same pattern: Fairplains is more affordable at $134,300 median vs $285,800.

Median household income in Fairplains is $36,586 compared to $78,280 in Locust (-53.3%). While Locust is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fairplains spend roughly 20.7% of their income on rent, more than the 13.6% in Locust.

Income & Cost

Cost of Living Index
Fairplains
63
25% cheaper
Locust
84
Median Household Income
Fairplains
$36,586
Locust
$78,280
53% higher

Housing

Median Rent
Fairplains
$631
29% cheaper
Locust
$887
Median Home Value
Fairplains
$134,300
53% cheaper
Locust
$285,800
Population
Fairplains
1,876
Locust
5,529

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Fairplains
Locust $2.96
US $3.07
🥚
Eggs (grade A, large)
Fairplains
Locust $2.42
US $2.50
🥛
Milk (whole)
Fairplains
Locust $3.89
US $4.03
🍞
Bread (white)
Fairplains
Locust $1.79
US $1.85
🍗
Chicken breast
Fairplains
Locust $4.00
US $4.14
Electricity
Fairplains
Locust $0.16
US $0.19