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Clinton, NC vs Lake Royale, NC

71
Clinton
North Carolina
VS
-21.7%
91
Lake Royale
North Carolina

There is a significant gap in the cost of living between these two cities. Clinton is 21.7% cheaper than Lake Royale. With a cost index of 71 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Clinton to Lake Royale should plan for substantially higher expenses across most categories.

On the housing front, median rent in Clinton is $754/month compared to $1,144/month in Lake Royale — a 34% difference. Home values follow the same pattern: Clinton is more affordable at $185,600 median vs $263,000.

Median household income in Clinton is $42,344 compared to $96,250 in Lake Royale (-56%). While Lake Royale is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Clinton spend roughly 21.4% of their income on rent, more than the 14.3% in Lake Royale.

Income & Cost

Cost of Living Index
Clinton
71
22% cheaper
Lake Royale
91
Median Household Income
Clinton
$42,344
Lake Royale
$96,250
56% higher

Housing

Median Rent
Clinton
$754
34% cheaper
Lake Royale
$1,144
Median Home Value
Clinton
$185,600
29% cheaper
Lake Royale
$263,000
Population
Clinton
8,336
Lake Royale
2,959

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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