Monroe, North Carolina vs. Hope Mills, North Carolina

Cost of Living Comparison

The cost of living in Hope Mills, North Carolina is 8.7% cheaper than Monroe, North Carolina.

You would need a salary of $45,657 in Hope Mills, North Carolina to maintain the standard of living you have in Monroe, North Carolina.
Comparison highlights
• Overall, Hope Mills, North Carolina is cheaper than Monroe, North Carolina
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
26% cheaper in Hope Mills
than in Monroe, North Carolina
Monroe, NC vs. Hope Mills, NC
Compared to Monroe, Hope Mills is:
  Homeowner
      No Child Care, Taxes not Considered
  8.7% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  2.0% lower
  Housing (Homeowner)
  26.4% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  3.5% lower
  Commute
  13.1% lower
  Health
  18.1% higher
  Taxes
  Childcare
  Personal
  1.9% higher