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Fallston, NC vs Hobgood, NC

63
Fallston
North Carolina
VS
-17.3%
76
Hobgood
North Carolina

There is a significant gap in the cost of living between these two cities. Fallston is 17.3% cheaper than Hobgood. With a cost index of 63 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Fallston to Hobgood should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Fallston are $86,800 compared to $59,200 in Hobgood, a 47% gap.

Median household income in Fallston is $49,250 compared to $60,250 in Hobgood (-18.3%). While Hobgood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Fallston
63
17% cheaper
Hobgood
76
Median Household Income
Fallston
$49,250
Hobgood
$60,250
18% higher

Housing

Median Rent
Fallston
$708
Hobgood
Median Home Value
Fallston
$86,800
Hobgood
$59,200
32% cheaper
Population
Fallston
602
Hobgood
215

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Fallston $2.96
Hobgood $2.97
US $3.07
🥚
Eggs (grade A, large)
Fallston $2.42
Hobgood $2.42
US $2.50
🥛
Milk (whole)
Fallston $3.89
Hobgood $3.90
US $4.03
🍞
Bread (white)
Fallston $1.79
Hobgood $1.79
US $1.85
🍗
Chicken breast
Fallston $4.00
Hobgood $4.01
US $4.14
Electricity
Fallston $0.16
Hobgood $0.16
US $0.19