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Ellerbe, NC vs Louisburg, NC

58
Ellerbe
North Carolina
VS
-29.6%
83
Louisburg
North Carolina

There is a significant gap in the cost of living between these two cities. Ellerbe is 29.6% cheaper than Louisburg. With a cost index of 58 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ellerbe to Louisburg should plan for substantially higher expenses across most categories.

On the housing front, median rent in Ellerbe is $547/month compared to $1,008/month in Louisburg — a 46% difference. Home values follow the same pattern: Ellerbe is more affordable at $107,200 median vs $217,400.

Median household income in Ellerbe is $48,404 compared to $31,827 in Louisburg (+52.1%). Ellerbe offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Ellerbe spend roughly 13.6% of their income on rent, less than the 38% in Louisburg. The Ellerbe ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Ellerbe
58
30% cheaper
Louisburg
83
Median Household Income
Ellerbe
$48,404
34% higher
Louisburg
$31,827

Housing

Median Rent
Ellerbe
$547
46% cheaper
Louisburg
$1,008
Median Home Value
Ellerbe
$107,200
51% cheaper
Louisburg
$217,400
Population
Ellerbe
1,070
Louisburg
3,128

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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