Seven Lakes, NC vs Stedman, NC

Seven Lakes is moderately more affordable than Stedman, with a 6.4% lower cost of living index. Seven Lakes scores 90 compared to 96 for Stedman, where the US average is 100. This difference means residents of Stedman can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Seven Lakes is $900/month compared to $1,539/month in Stedman — a 42% difference. Interestingly, home values tell a different story: while Seven Lakes has cheaper rent, Stedman actually has lower median home values ($205,800 vs $365,500).

Median household income in Seven Lakes is $91,495 compared to $105,491 in Stedman (-13.3%). While Stedman is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Seven Lakes spend roughly 11.8% of their income on rent, less than the 17.5% in Stedman.