Myrtle Grove, NC Cost Of Living

Demographics | Cost Of Living
Updated: 2020-03-08
110
Myrtle Grove's Overall Cost Of Living
1.1x
Higher Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Myrtle Grove is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Myrtle Grove, NC?

According to the most recent data on the cost of living, Myrtle Grove has an overall cost of living index of 110 which is 1.1x higher than the national index of 100.

Compared to only North Carolina, Myrtle Grove has a cost of living index that's 1.2x higher than North Carolina's index of 95.

The standard of living in Myrtle Grove ranks as #4135 most affordable out of the 6522 places we measured in North Carolina. By definition, that implies Myrtle Grove ranks as the #2271 most expensive place in the Tar Heel State.

For more reading on life in Myrtle Grove, check out:

Myrtle Grove Cost Of Living Vs. North Carolina

Living Expense Myrtle Grove North Carolina National Average
Overall 110 95 100
Services 102 101 100
Groceries 98 98 100
Health 107 108 100
Housing 127 85 100
Transportation 108 94 100
Utilities 103 98 100
For more reading on cost of living around North Carolina, check out:
Myrtle Grove Cost of Living Vs. NC

Myrtle Grove, NC Housing Cost Breakdown

Housing swings affordability the most between places in North Carolina, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$264,600
Median Home Value
$1,115
Median Rent
$76,606
Median Income
Statistic Myrtle Grove North Carolina United States
Median Home Value $264,600 $165,900 $204,900
Median Rent $1,115 $877 $1,023
Median Income $76,606 $52,413 $60,293
Home Value To Income 3.5x 3.2x 3.4x
Rent To Monthly Income 0.17x 0.2x 0.2x

Myrtle Grove SnackAbility

6
/10
Overall SnackAbility
Jobs
8/10
Housing
8.5
Affordability
7
Diversity
5
Safety
N/A
Amenities
8
Education
8.5
Commute
8

Cost Of Living In Cities Around Myrtle Grove

City Population Cost Of Living Vs. Myrtle Grove
Wilmington, NC 118,094 105 1.0x
Leland, NC 19,157 105 1.0x
Murraysville, NC 15,831 101 0.9x
Kings Grant, NC 9,051 99 0.9x
Porters Neck, NC 7,802 127 1.2x
Ogden, NC 7,692 114 1.0x
Silver Lake, NC 6,330 99 0.9x
Carolina Beach, NC 6,194 116 1.1x
Boiling Spring Lakes, NC 5,888 96 0.9x
Wrightsboro, NC 5,233 97 0.9x

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