Oakboro, NC vs Unionville, NC

Oakboro is moderately more affordable than Unionville, with a 9.1% lower cost of living index. Oakboro scores 83 compared to 92 for Unionville, where the US average is 100. This difference means residents of Unionville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Oakboro is $1,028/month compared to $1,060/month in Unionville — a 3% difference. Home values follow the same pattern: Oakboro is more affordable at $235,800 median vs $312,200.

Median household income in Oakboro is $76,071 compared to $92,009 in Unionville (-17.3%). While Unionville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Oakboro spend roughly 16.2% of their income on rent, more than the 13.8% in Unionville.