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Cape Carteret, NC vs King, NC

114
Cape Carteret
North Carolina
VS
+43.9%
79
King
North Carolina

The cost of living difference between Cape Carteret, NC and King, NC is dramatic. King is 43.9% cheaper than Cape Carteret, a gap that translates to thousands of dollars per year in household expenses. Cape Carteret has a cost index of 114 while King sits at 79, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Cape Carteret is $1,755/month compared to $937/month in King — a 87% difference. Home values follow the same pattern: King is more affordable at $227,500 median vs $347,500.

Median household income in Cape Carteret is $75,313 compared to $60,451 in King (+24.6%). The higher salaries in Cape Carteret partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Cape Carteret spend roughly 28% of their income on rent, more than the 18.6% in King.

Income & Cost

Cost of Living Index
Cape Carteret
114
King
79
30% cheaper
Median Household Income
Cape Carteret
$75,313
20% higher
King
$60,451

Housing

Median Rent
Cape Carteret
$1,755
King
$937
47% cheaper
Median Home Value
Cape Carteret
$347,500
King
$227,500
35% cheaper
Population
Cape Carteret
2,598
King
7,345

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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