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Randleman, NC vs Spring Lake, NC

70
Randleman
North Carolina
VS
-10.2%
78
Spring Lake
North Carolina

Randleman is moderately more affordable than Spring Lake, with a 10.2% lower cost of living index. Randleman scores 70 compared to 78 for Spring Lake, where the US average is 100. This difference means residents of Spring Lake can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Randleman is $785/month compared to $1,228/month in Spring Lake — a 36% difference. Interestingly, home values tell a different story: while Randleman has cheaper rent, Spring Lake actually has lower median home values ($101,300 vs $164,100).

Median household income in Randleman is $51,852 compared to $50,497 in Spring Lake (+2.7%). Randleman offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Randleman spend roughly 18.2% of their income on rent, less than the 29.2% in Spring Lake.

Income & Cost

Cost of Living Index
Randleman
70
10% cheaper
Spring Lake
78
Median Household Income
Randleman
$51,852
3% higher
Spring Lake
$50,497

Housing

Median Rent
Randleman
$785
36% cheaper
Spring Lake
$1,228
Median Home Value
Randleman
$164,100
Spring Lake
$101,300
38% cheaper
Population
Randleman
4,611
Spring Lake
11,613

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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