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Grandy, NC vs Mills River, NC

92
Grandy
North Carolina
VS
-17.8%
112
Mills River
North Carolina

There is a significant gap in the cost of living between these two cities. Grandy is 17.8% cheaper than Mills River. With a cost index of 92 vs 112, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Grandy to Mills River should plan for substantially higher expenses across most categories.

On the housing front, median rent in Grandy is $1,096/month compared to $1,611/month in Mills River — a 32% difference. Home values follow the same pattern: Grandy is more affordable at $304,000 median vs $358,500.

Median household income in Grandy is $63,438 compared to $88,359 in Mills River (-28.2%). While Mills River is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Grandy spend roughly 20.7% of their income on rent, less than the 21.9% in Mills River.

Income & Cost

Cost of Living Index
Grandy
92
18% cheaper
Mills River
112
Median Household Income
Grandy
$63,438
Mills River
$88,359
28% higher

Housing

Median Rent
Grandy
$1,096
32% cheaper
Mills River
$1,611
Median Home Value
Grandy
$304,000
15% cheaper
Mills River
$358,500
Population
Grandy
2,443
Mills River
7,214

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Grandy $2.98
Mills River $2.97
US $3.07
🥚
Eggs (grade A, large)
Grandy $2.43
Mills River $2.42
US $2.50
🥛
Milk (whole)
Grandy $3.91
Mills River $3.90
US $4.03
🍞
Bread (white)
Grandy $1.80
Mills River $1.79
US $1.85
🍗
Chicken breast
Grandy $4.02
Mills River $4.01
US $4.14
Electricity
Grandy $0.17
Mills River $0.16
US $0.19