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Grandy, NC vs Selma, NC

92
Grandy
North Carolina
VS
+27.2%
73
Selma
North Carolina

There is a significant gap in the cost of living between these two cities. Selma is 27.2% cheaper than Grandy. With a cost index of 73 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Selma to Grandy should plan for substantially higher expenses across most categories.

On the housing front, median rent in Grandy is $1,096/month compared to $824/month in Selma — a 33% difference. Home values follow the same pattern: Selma is more affordable at $161,100 median vs $304,000.

Median household income in Grandy is $63,438 compared to $37,440 in Selma (+69.4%). While Grandy 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 26.4% in Selma.

Income & Cost

Cost of Living Index
Grandy
92
Selma
73
21% cheaper
Median Household Income
Grandy
$63,438
41% higher
Selma
$37,440

Housing

Median Rent
Grandy
$1,096
Selma
$824
25% cheaper
Median Home Value
Grandy
$304,000
Selma
$161,100
47% cheaper
Population
Grandy
2,443
Selma
6,611

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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