Carolina Beach, NC Cost Of Living
Cost Of Living In Carolina Beach, NC Summary
Cost of living in Carolina Beach research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Carolina Beach is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in North Carolina, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Carolina Beach is 117, with 100 being the average.
The cost of living index in Carolina Beach is 1.2x higher than the national average.
Carolina Beach ranks as the #144 cheapest in North Carolina out of 153.
Carolina Beach ranks as the #4,628 cheapest out of 6,412 in the US.
The median home value in Carolina Beach is $394,000.
The median income in Carolina Beach is $78,670.
Table Of Contents
Carolina Beach's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Carolina Beach, NC?
According to the most recent data on the cost of living, Carolina Beach has an overall cost of living index of 117, which is 1.2x higher than the national index of 100.
Compared to North Carolina, Carolina Beach has a cost of living index that's 1.2x higher than North Carolina's index of 95.
The standard of living in Carolina Beach ranks as #144 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Carolina Beach ranks as the #9 most expensive place in the Tar Heel State.
For more reading on life in Carolina Beach, check out:
- Living In Carolina Beach
- Carolina Beach Crime Report
- Search Homes For Sale In Carolina Beach, NC
In North Carolina
In America
Carolina Beach Cost Of Living Vs. North Carolina
Six factors go into calculating the cost of living index in Carolina Beach. Here is how it fairs on each of the criteria:
The Services index in Carolina Beach is 103.
The Groceries index in Carolina Beach is 97.
The Health index in Carolina Beach is 106.
The Housing index in Carolina Beach is 148.
The Transportation index in Carolina Beach is 107.
The Utilities index in Carolina Beach is 105.
| Living Expense | Carolina Beach | North Carolina | National Average | |
|---|---|---|---|---|
| Overall | 117 | 95 | 100 | |
| Services | 103 | 97 | 100 | |
| Groceries | 97 | 98 | 100 | |
| Health | 106 | 108 | 100 | |
| Housing | 148 | 91 | 100 | |
| Transportation | 107 | 92 | 100 | |
| Utilities | 105 | 95 | 100 | |
Carolina Beach, NC Housing Cost Breakdown
Housing swings affordability the most between places in North Carolina, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Carolina Beach is $394,000.
The Median Rent in Carolina Beach is $1,197.
The Median Income in Carolina Beach is $78,670.
The Home Value To Income in Carolina Beach is 5.0x.
The Rent To Monthly Income in Carolina Beach is 0.18x.
| Statistic | Carolina Beach | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $394,000 | $197,500 | $244,900 |
| Median Rent | $1,197 | $988 | $1,163 |
| Median Income | $78,670 | $60,516 | $69,021 |
| Home Value To Income | 5.0x | 3.3x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Carolina Beach, NC Costs By Category
Detailed Carolina Beach Services Costs Vs. North Carolina
| Item | Carolina Beach | North Carolina |
|---|---|---|
| Shampoo | $1.07 | $1.06 |
| Movie | $10.35 | $10.68 |
| Bowling | $13.67 | $14.67 |
| Haircut | $15.0 | $18.62 |
| Beauty Salon | $42.5 | $39.05 |
Detailed Carolina Beach Groceries Costs Vs. North Carolina
| Item | Carolina Beach | North Carolina |
|---|---|---|
| Ground Beef | $4.32 | $4.22 |
| Fried Chicken | $1.48 | $1.39 |
| Milk | $2.58 | $2.05 |
| Potatoes | $4.3 | $3.29 |
| Pizza | $8.99 | $10.62 |
| Beer | $9.69 | $9.38 |
| Toothpaste | $3.23 | $2.34 |
Detailed Carolina Beach Health Costs Vs. North Carolina
| Item | Carolina Beach | North Carolina |
|---|---|---|
| Optometrist | $116.4 | $108.57 |
| Doctor | $121.67 | $116.17 |
| Dentist | $120.22 | $99.13 |
Detailed Carolina Beach Transportation Costs Vs. North Carolina
| Item | Carolina Beach | North Carolina |
|---|---|---|
| Gasoline | $2.5 | $2.22 |
| Tire Balancing | $63.96 | $50.07 |
Detailed Carolina Beach Utilities Costs Vs. North Carolina
| Item | Carolina Beach | North Carolina |
|---|---|---|
| All Electricity | $180.8 | $167.67 |
| Phone | $177.09 | $175.64 |
Carolina Beach SnackAbility
/10
Cost Of Living In Cities Around Carolina Beach
The cost of living varies in the cities and towns around Carolina Beach. Here's a quick look at the cost of living in the most populous nearby places:
Wilmington, NC has a cost of living index of 105, 0.9x Carolina Beach.
Leland, NC has a cost of living index of 103, 0.9x Carolina Beach.
Murraysville, NC has a cost of living index of 102, 0.9x Carolina Beach.
| City | Population | Cost Of Living | Vs. Carolina Beach |
|---|---|---|---|
| Wilmington, NC | 115,976 | 105 | 0.9x |
| Leland, NC | 22,794 | 103 | 0.9x |
| Murraysville, NC | 15,976 | 102 | 0.9x |
| Myrtle Grove, NC | 11,672 | 111 | 0.9x |
| Kings Grant, NC | 9,071 | 97 | 0.8x |
| Ogden, NC | 8,613 | 112 | 1.0x |
| Porters Neck, NC | 7,221 | 128 | 1.1x |
| Boiling Spring Lakes, NC | 5,863 | 98 | 0.8x |
| Silver Lake, NC | 5,690 | 98 | 0.8x |
