Midland, NC vs Stedman, NC

Midland, NC and Stedman, NC have a very similar cost of living, with only a 3.9% difference in their overall index. Midland scores 99 while Stedman scores 96 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 Midland is $1,230/month compared to $1,539/month in Stedman — a 20% difference. Interestingly, home values tell a different story: while Midland has cheaper rent, Stedman actually has lower median home values ($205,800 vs $342,700).

Median household income in Midland is $85,551 compared to $105,491 in Stedman (-18.9%). Stedman offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Midland spend roughly 17.3% of their income on rent, less than the 17.5% in Stedman.