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Dunn, NC vs Lake Royale, NC

70
Dunn
North Carolina
VS
-22.3%
91
Lake Royale
North Carolina

There is a significant gap in the cost of living between these two cities. Dunn is 22.3% cheaper than Lake Royale. With a cost index of 70 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Dunn to Lake Royale should plan for substantially higher expenses across most categories.

On the housing front, median rent in Dunn is $780/month compared to $1,144/month in Lake Royale — a 32% difference. Home values follow the same pattern: Dunn is more affordable at $178,900 median vs $263,000.

Median household income in Dunn is $47,310 compared to $96,250 in Lake Royale (-50.8%). 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 Dunn spend roughly 19.8% of their income on rent, more than the 14.3% in Lake Royale.

Income & Cost

Cost of Living Index
Dunn
70
22% cheaper
Lake Royale
91
Median Household Income
Dunn
$47,310
Lake Royale
$96,250
51% higher

Housing

Median Rent
Dunn
$780
32% cheaper
Lake Royale
$1,144
Median Home Value
Dunn
$178,900
32% cheaper
Lake Royale
$263,000
Population
Dunn
8,512
Lake Royale
2,959

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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