Bermuda Run, NC vs Oak Island, NC

Bermuda Run is moderately more affordable than Oak Island, with a 10.9% lower cost of living index. Bermuda Run scores 92 compared to 103 for Oak Island, where the US average is 100. This difference means residents of Oak Island can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Bermuda Run is $1,144/month compared to $1,208/month in Oak Island — a 5% difference. Home values follow the same pattern: Bermuda Run is more affordable at $309,800 median vs $407,400.

Median household income in Bermuda Run is $66,800 compared to $83,483 in Oak Island (-20%). While Oak Island 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 17.4% in Oak Island.