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Boone, NC vs Carolina Beach, NC

96
Boone
North Carolina
VS
-19.9%
120
Carolina Beach
North Carolina

There is a significant gap in the cost of living between these two cities. Boone is 19.9% cheaper than Carolina Beach. With a cost index of 96 vs 120, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Boone to Carolina Beach should plan for substantially higher expenses across most categories.

On the housing front, median rent in Boone is $1,080/month compared to $1,544/month in Carolina Beach — a 30% difference. Home values follow the same pattern: Boone is more affordable at $373,600 median vs $487,800.

Median household income in Boone is $28,633 compared to $88,239 in Carolina Beach (-67.6%). While Carolina Beach is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Boone spend roughly 45.3% of their income on rent, more than the 21% in Carolina Beach. The Carolina Beach ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Boone
96
20% cheaper
Carolina Beach
120
Median Household Income
Boone
$28,633
Carolina Beach
$88,239
68% higher

Housing

Median Rent
Boone
$1,080
30% cheaper
Carolina Beach
$1,544
Median Home Value
Boone
$373,600
23% cheaper
Carolina Beach
$487,800
Population
Boone
19,534
Carolina Beach
6,665

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Boone
Carolina Beach $2.97
US $3.07
🥚
Eggs (grade A, large)
Boone
Carolina Beach $2.42
US $2.50
🥛
Milk (whole)
Boone
Carolina Beach $3.90
US $4.03
🍞
Bread (white)
Boone
Carolina Beach $1.79
US $1.85
🍗
Chicken breast
Boone
Carolina Beach $4.01
US $4.14
Electricity
Boone
Carolina Beach $0.16
US $0.19