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Knightdale, NC vs Mills River, NC

109
Knightdale
North Carolina
VS
-2.7%
112
Mills River
North Carolina

Knightdale, NC and Mills River, NC have a very similar cost of living, with only a 2.7% difference in their overall index. Knightdale scores 109 while Mills River scores 112 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Knightdale is $1,573/month compared to $1,611/month in Mills River — a 2% difference. Home values follow the same pattern: Knightdale is more affordable at $331,900 median vs $358,500.

Median household income in Knightdale is $91,638 compared to $88,359 in Mills River (+3.7%). Knightdale offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Knightdale spend roughly 20.6% of their income on rent, less than the 21.9% in Mills River.

Income & Cost

Cost of Living Index
Knightdale
109
3% cheaper
Mills River
112
Median Household Income
Knightdale
$91,638
4% higher
Mills River
$88,359

Housing

Median Rent
Knightdale
$1,573
2% cheaper
Mills River
$1,611
Median Home Value
Knightdale
$331,900
7% cheaper
Mills River
$358,500
Population
Knightdale
19,532
Mills River
7,214

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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