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Selma, NC vs Taylorsville, NC

73
Selma
North Carolina
VS
+7.4%
68
Taylorsville
North Carolina

Taylorsville is moderately more affordable than Selma, with a 7.4% lower cost of living index. Selma scores 73 compared to 68 for Taylorsville, where the US average is 100. This difference means residents of Selma can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Selma is $824/month compared to $629/month in Taylorsville — a 31% difference. Interestingly, home values tell a different story: while Taylorsville has cheaper rent, Selma actually has lower median home values ($161,100 vs $210,300).

Median household income in Selma is $37,440 compared to $48,542 in Taylorsville (-22.9%). Taylorsville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Selma spend roughly 26.4% of their income on rent, more than the 15.5% in Taylorsville.

Income & Cost

Cost of Living Index
Selma
73
Taylorsville
68
7% cheaper
Median Household Income
Selma
$37,440
Taylorsville
$48,542
23% higher

Housing

Median Rent
Selma
$824
Taylorsville
$629
24% cheaper
Median Home Value
Selma
$161,100
23% cheaper
Taylorsville
$210,300
Population
Selma
6,611
Taylorsville
2,386

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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