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McDonald, NC vs Parmele, NC

81
McDonald
North Carolina
VS
+14.5%
70
Parmele
North Carolina

Parmele is moderately more affordable than McDonald, with a 14.5% lower cost of living index. McDonald scores 81 compared to 70 for Parmele, where the US average is 100. This difference means residents of McDonald can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in McDonald are $94,200 compared to $81,900 in Parmele, a 15% gap.

Median household income in McDonald is $53,125 compared to $28,971 in Parmele (+83.4%). While McDonald is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
McDonald
81
Parmele
70
13% cheaper
Median Household Income
McDonald
$53,125
45% higher
Parmele
$28,971

Housing

Median Rent
McDonald
Parmele
$1,042
Median Home Value
McDonald
$94,200
Parmele
$81,900
13% cheaper
Population
McDonald
99
Parmele
288

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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