Rockingham, NC vs Spencer, NC

There is a significant gap in the cost of living between these two cities. Rockingham is 15.8% cheaper than Spencer. With a cost index of 66 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Rockingham to Spencer should plan for substantially higher expenses across most categories.

On the housing front, median rent in Rockingham is $717/month compared to $1,042/month in Spencer — a 31% difference. Home values follow the same pattern: Rockingham is more affordable at $133,900 median vs $149,800.

Median household income in Rockingham is $36,695 compared to $64,031 in Spencer (-42.7%). While Spencer is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Rockingham spend roughly 23.4% of their income on rent, more than the 19.5% in Spencer.