River Road, NC vs St. Stephens, NC
River Road, NC and St. Stephens, NC have a very similar cost of living, with only a 2% difference in their overall index. River Road scores 71 while St. Stephens scores 73 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 River Road is $787/month compared to $864/month in St. Stephens — a 9% difference. Interestingly, home values tell a different story: while River Road has cheaper rent, St. Stephens actually has lower median home values ($187,500 vs $187,700).
Median household income in River Road is $47,978 compared to $57,882 in St. Stephens (-17.1%). While St. Stephens is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of River Road spend roughly 19.7% of their income on rent, more than the 17.9% in St. Stephens.
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