Pittsboro, NC vs Stedman, NC

Pittsboro, NC and Stedman, NC have a very similar cost of living, with only a 3.6% difference in their overall index. Pittsboro scores 92 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 Pittsboro is $993/month compared to $1,539/month in Stedman — a 36% difference. Interestingly, home values tell a different story: while Pittsboro has cheaper rent, Stedman actually has lower median home values ($205,800 vs $342,800).

Median household income in Pittsboro is $64,792 compared to $105,491 in Stedman (-38.6%). While Stedman is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Pittsboro spend roughly 18.4% of their income on rent, more than the 17.5% in Stedman.