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Governors Village, NC vs Red Cross, NC

134
Governors Village
North Carolina
VS
+84.5%
73
Red Cross
North Carolina

The cost of living difference between Governors Village, NC and Red Cross, NC is dramatic. Red Cross is 84.5% 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 Red Cross sits at 73, 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.

On the housing front, median rent in Governors Village is $1,779/month compared to $691/month in Red Cross — a 158% difference. Home values follow the same pattern: Red Cross is more affordable at $217,200 median vs $565,500.

Median household income in Governors Village is $124,857 compared to $58,375 in Red Cross (+113.9%). While Governors Village is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Governors Village spend roughly 17.1% of their income on rent, more than the 14.2% in Red Cross.

Income & Cost

Cost of Living Index
Governors Village
134
Red Cross
73
46% cheaper
Median Household Income
Governors Village
$124,857
53% higher
Red Cross
$58,375

Housing

Median Rent
Governors Village
$1,779
Red Cross
$691
61% cheaper
Median Home Value
Governors Village
$565,500
Red Cross
$217,200
62% cheaper
Population
Governors Village
2,148
Red Cross
740

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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