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Richlands, NC vs Selma, NC

78
Richlands
North Carolina
VS
+7.6%
73
Selma
North Carolina

Selma is moderately more affordable than Richlands, with a 7.6% lower cost of living index. Richlands scores 78 compared to 73 for Selma, where the US average is 100. This difference means residents of Richlands can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Richlands is $929/month compared to $824/month in Selma — a 13% difference. Home values follow the same pattern: Selma is more affordable at $161,100 median vs $217,800.

Median household income in Richlands is $61,607 compared to $37,440 in Selma (+64.5%). While Richlands is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Richlands spend roughly 18.1% of their income on rent, less than the 26.4% in Selma.

Income & Cost

Cost of Living Index
Richlands
78
Selma
73
7% cheaper
Median Household Income
Richlands
$61,607
39% higher
Selma
$37,440

Housing

Median Rent
Richlands
$929
Selma
$824
11% cheaper
Median Home Value
Richlands
$217,800
Selma
$161,100
26% cheaper
Population
Richlands
2,387
Selma
6,611

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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