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Grandy, NC vs Richfield, NC

92
Grandy
North Carolina
VS
+10.1%
84
Richfield
North Carolina

Richfield is moderately more affordable than Grandy, with a 10.1% lower cost of living index. Grandy scores 92 compared to 84 for Richfield, where the US average is 100. This difference means residents of Grandy can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Grandy is $1,096/month compared to $1,071/month in Richfield — a 2% difference. Home values follow the same pattern: Richfield is more affordable at $212,100 median vs $304,000.

Median household income in Grandy is $63,438 compared to $80,536 in Richfield (-21.2%). Richfield offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Grandy spend roughly 20.7% of their income on rent, more than the 16% in Richfield.

Income & Cost

Cost of Living Index
Grandy
92
Richfield
84
9% cheaper
Median Household Income
Grandy
$63,438
Richfield
$80,536
21% higher

Housing

Median Rent
Grandy
$1,096
Richfield
$1,071
2% cheaper
Median Home Value
Grandy
$304,000
Richfield
$212,100
30% cheaper
Population
Grandy
2,443
Richfield
839

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Grandy $2.98
Richfield $2.96
US $3.07
🥚
Eggs (grade A, large)
Grandy $2.43
Richfield $2.42
US $2.50
🥛
Milk (whole)
Grandy $3.91
Richfield $3.89
US $4.03
🍞
Bread (white)
Grandy $1.80
Richfield $1.79
US $1.85
🍗
Chicken breast
Grandy $4.02
Richfield $4.00
US $4.14
Electricity
Grandy $0.17
Richfield $0.16
US $0.19