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Germanton, NC vs Parmele, NC

88
Germanton
North Carolina
VS
+24.5%
70
Parmele
North Carolina

There is a significant gap in the cost of living between these two cities. Parmele is 24.5% cheaper than Germanton. With a cost index of 70 vs 88, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Parmele to Germanton should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Germanton are $190,900 compared to $81,900 in Parmele, a 133% gap.

Median household income in Germanton is $76,458 compared to $28,971 in Parmele (+163.9%). While Germanton 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
Germanton
88
Parmele
70
20% cheaper
Median Household Income
Germanton
$76,458
62% higher
Parmele
$28,971

Housing

Median Rent
Germanton
Parmele
$1,042
Median Home Value
Germanton
$190,900
Parmele
$81,900
57% cheaper
Population
Germanton
851
Parmele
288

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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