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Hillsborough, NC vs Welcome, NC

110
Hillsborough
North Carolina
VS
+52.6%
72
Welcome
North Carolina

The cost of living difference between Hillsborough, NC and Welcome, NC is dramatic. Welcome is 52.6% cheaper than Hillsborough, a gap that translates to thousands of dollars per year in household expenses. Hillsborough has a cost index of 110 while Welcome sits at 72, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Hillsborough is $1,349/month compared to $863/month in Welcome — a 56% difference. Home values follow the same pattern: Welcome is more affordable at $171,100 median vs $430,100.

Median household income in Hillsborough is $98,467 compared to $65,342 in Welcome (+50.7%). The higher salaries in Hillsborough partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Hillsborough spend roughly 16.4% of their income on rent, more than the 15.8% in Welcome.

Income & Cost

Cost of Living Index
Hillsborough
110
Welcome
72
34% cheaper
Median Household Income
Hillsborough
$98,467
34% higher
Welcome
$65,342

Housing

Median Rent
Hillsborough
$1,349
Welcome
$863
36% cheaper
Median Home Value
Hillsborough
$430,100
Welcome
$171,100
60% cheaper
Population
Hillsborough
9,656
Welcome
3,649

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hillsborough $2.97
Welcome $2.97
US $3.07
🥚
Eggs (grade A, large)
Hillsborough $2.42
Welcome $2.42
US $2.50
🥛
Milk (whole)
Hillsborough $3.90
Welcome $3.90
US $4.03
🍞
Bread (white)
Hillsborough $1.79
Welcome $1.79
US $1.85
🍗
Chicken breast
Hillsborough $4.01
Welcome $4.01
US $4.14
Electricity
Hillsborough $0.16
Welcome $0.16
US $0.19