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Governors Village, NC vs Iron Station, NC

134
Governors Village
North Carolina
VS
+35.7%
99
Iron Station
North Carolina

The cost of living difference between Governors Village, NC and Iron Station, NC is dramatic. Iron Station is 35.7% cheaper than Governors Village, a gap that translates to thousands of dollars per year in household expenses. Governors Village has a cost index of 134 while Iron Station sits at 99, 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.

Median household income in Governors Village is $124,857 compared to $74,597 in Iron Station (+67.4%). While Governors Village 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
Governors Village
134
Iron Station
99
26% cheaper
Median Household Income
Governors Village
$124,857
40% higher
Iron Station
$74,597

Housing

Median Rent
Governors Village
$1,779
Iron Station
Median Home Value
Governors Village
$565,500
Iron Station
Population
Governors Village
2,148
Iron Station
722

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