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Bakersville, NC vs Scotland Neck, NC

65
Bakersville
North Carolina
VS
+16.6%
56
Scotland Neck
North Carolina

There is a significant gap in the cost of living between these two cities. Scotland Neck is 16.6% cheaper than Bakersville. With a cost index of 56 vs 65, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Scotland Neck to Bakersville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bakersville is $450/month compared to $557/month in Scotland Neck — a 19% difference. Interestingly, home values tell a different story: while Bakersville has cheaper rent, Scotland Neck actually has lower median home values ($76,100 vs $229,000).

Median household income in Bakersville is $39,091 compared to $18,202 in Scotland Neck (+114.8%). While Bakersville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bakersville spend roughly 13.8% of their income on rent, less than the 36.7% in Scotland Neck. The Bakersville ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Bakersville
65
Scotland Neck
56
14% cheaper
Median Household Income
Bakersville
$39,091
53% higher
Scotland Neck
$18,202

Housing

Median Rent
Bakersville
$450
19% cheaper
Scotland Neck
$557
Median Home Value
Bakersville
$229,000
Scotland Neck
$76,100
67% cheaper
Population
Bakersville
718
Scotland Neck
2,087

Salary Equivalency Calculator

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