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Halifax, NC vs Red Cross, NC

89
Halifax
North Carolina
VS
+21.6%
73
Red Cross
North Carolina

There is a significant gap in the cost of living between these two cities. Red Cross is 21.6% cheaper than Halifax. With a cost index of 73 vs 89, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Red Cross to Halifax should plan for substantially higher expenses across most categories.

Renters will find that Halifax has a median rent of $1,010/month while Red Cross comes in at $691/month, a 46% difference.

Median household income in Halifax is $61,321 compared to $58,375 in Red Cross (+5%). Halifax does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Halifax spend roughly 19.8% of their income on rent, more than the 14.2% in Red Cross.

Income & Cost

Cost of Living Index
Halifax
89
Red Cross
73
18% cheaper
Median Household Income
Halifax
$61,321
5% higher
Red Cross
$58,375

Housing

Median Rent
Halifax
$1,010
Red Cross
$691
32% cheaper
Median Home Value
Halifax
Red Cross
$217,200
Population
Halifax
257
Red Cross
740

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

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