Four Oaks, NC vs Selma, NC
There is a significant gap in the cost of living between these two cities. Selma is 18.2% cheaper than Four Oaks. With a cost index of 73 vs 86, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Selma to Four Oaks should plan for substantially higher expenses across most categories.
On the housing front, median rent in Four Oaks is $1,096/month compared to $824/month in Selma — a 33% difference. Home values follow the same pattern: Selma is more affordable at $161,100 median vs $222,100.
Median household income in Four Oaks is $69,974 compared to $37,440 in Selma (+86.9%). While Four Oaks is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Four Oaks spend roughly 18.8% of their income on rent, less than the 26.4% in Selma.
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