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Graham, NC vs Hamlet, NC

79
Graham
North Carolina
VS
+35.7%
58
Hamlet
North Carolina

The cost of living difference between Graham, NC and Hamlet, NC is dramatic. Hamlet is 35.7% cheaper than Graham, a gap that translates to thousands of dollars per year in household expenses. Graham has a cost index of 79 while Hamlet sits at 58, 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 Graham is $990/month compared to $553/month in Hamlet — a 79% difference. Home values follow the same pattern: Hamlet is more affordable at $103,800 median vs $200,600.

Median household income in Graham is $54,783 compared to $38,500 in Hamlet (+42.3%). While Graham is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Graham spend roughly 21.7% of their income on rent, more than the 17.2% in Hamlet.

Income & Cost

Cost of Living Index
Graham
79
Hamlet
58
26% cheaper
Median Household Income
Graham
$54,783
30% higher
Hamlet
$38,500

Housing

Median Rent
Graham
$990
Hamlet
$553
44% cheaper
Median Home Value
Graham
$200,600
Hamlet
$103,800
48% cheaper
Population
Graham
17,537
Hamlet
6,000

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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