Goldsboro, NC vs Spring Lake, NC

Goldsboro, NC and Spring Lake, NC have a very similar cost of living, with only a 3.9% difference in their overall index. Goldsboro scores 75 while Spring Lake scores 78 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Goldsboro is $956/month compared to $1,228/month in Spring Lake — a 22% difference. Interestingly, home values tell a different story: while Goldsboro has cheaper rent, Spring Lake actually has lower median home values ($101,300 vs $173,700).

Median household income in Goldsboro is $47,005 compared to $50,497 in Spring Lake (-6.9%). While Spring Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Goldsboro spend roughly 24.4% of their income on rent, less than the 29.2% in Spring Lake.