Bermuda Run, NC vs Lake Norman of Catawba, NC

There is a significant gap in the cost of living between these two cities. Bermuda Run is 17.6% cheaper than Lake Norman of Catawba. With a cost index of 92 vs 112, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bermuda Run to Lake Norman of Catawba should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bermuda Run is $1,144/month compared to $1,246/month in Lake Norman of Catawba — a 8% difference. Home values follow the same pattern: Bermuda Run is more affordable at $309,800 median vs $522,300.

Median household income in Bermuda Run is $66,800 compared to $106,836 in Lake Norman of Catawba (-37.5%). While Lake Norman of Catawba is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bermuda Run spend roughly 20.6% of their income on rent, more than the 14% in Lake Norman of Catawba.