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Tarboro, NC vs Welcome, NC

65
Tarboro
North Carolina
VS
-10.3%
72
Welcome
North Carolina

Tarboro is moderately more affordable than Welcome, with a 10.3% lower cost of living index. Tarboro scores 65 compared to 72 for Welcome, where the US average is 100. This difference means residents of Welcome can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Tarboro is $698/month compared to $863/month in Welcome — a 19% difference. Home values follow the same pattern: Tarboro is more affordable at $155,500 median vs $171,100.

Median household income in Tarboro is $49,386 compared to $65,342 in Welcome (-24.4%). While Welcome is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Tarboro spend roughly 17% of their income on rent, more than the 15.8% in Welcome.

Income & Cost

Cost of Living Index
Tarboro
65
10% cheaper
Welcome
72
Median Household Income
Tarboro
$49,386
Welcome
$65,342
24% higher

Housing

Median Rent
Tarboro
$698
19% cheaper
Welcome
$863
Median Home Value
Tarboro
$155,500
9% cheaper
Welcome
$171,100
Population
Tarboro
10,705
Welcome
3,649

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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