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Nebo, NC vs Valdese, NC

80
Nebo
North Carolina
VS
+24.1%
64
Valdese
North Carolina

There is a significant gap in the cost of living between these two cities. Valdese is 24.1% cheaper than Nebo. With a cost index of 64 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Valdese to Nebo should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Nebo are $104,100 compared to $171,300 in Valdese, a 39% gap.

Median household income in Nebo is $47,907 compared to $61,250 in Valdese (-21.8%). Valdese offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Nebo
80
Valdese
64
19% cheaper
Median Household Income
Nebo
$47,907
Valdese
$61,250
22% higher

Housing

Median Rent
Nebo
Valdese
$627
Median Home Value
Nebo
$104,100
39% cheaper
Valdese
$171,300
Population
Nebo
1,608
Valdese
4,689

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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