Havelock, NC vs Monroe, NC

Havelock is moderately more affordable than Monroe, with a 6.9% lower cost of living index. Havelock scores 87 compared to 93 for Monroe, where the US average is 100. This difference means residents of Monroe can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Havelock is $1,269/month compared to $1,216/month in Monroe — a 4% difference. Interestingly, home values tell a different story: while Monroe has cheaper rent, Havelock actually has lower median home values ($186,800 vs $270,600).

Median household income in Havelock is $64,433 compared to $67,265 in Monroe (-4.2%). The higher salaries in Monroe partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Havelock spend roughly 23.6% of their income on rent, more than the 21.7% in Monroe.