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Faison, NC vs Laurel Park, NC

59
Faison
North Carolina
VS
-48.8%
115
Laurel Park
North Carolina

The cost of living difference between Faison, NC and Laurel Park, NC is dramatic. Faison is 48.8% cheaper than Laurel Park, a gap that translates to thousands of dollars per year in household expenses. Faison has a cost index of 59 while Laurel Park sits at 115, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Faison is $605/month compared to $1,605/month in Laurel Park — a 62% difference. Home values follow the same pattern: Faison is more affordable at $93,300 median vs $393,400.

Median household income in Faison is $38,173 compared to $89,107 in Laurel Park (-57.2%). While Laurel Park is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Faison spend roughly 19% of their income on rent, less than the 21.6% in Laurel Park.

Income & Cost

Cost of Living Index
Faison
59
49% cheaper
Laurel Park
115
Median Household Income
Faison
$38,173
Laurel Park
$89,107
57% higher

Housing

Median Rent
Faison
$605
62% cheaper
Laurel Park
$1,605
Median Home Value
Faison
$93,300
76% cheaper
Laurel Park
$393,400
Population
Faison
826
Laurel Park
2,391

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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