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Elm City, NC vs Pinnacle, NC

65
Elm City
North Carolina
VS
-11.8%
73
Pinnacle
North Carolina

Elm City is moderately more affordable than Pinnacle, with a 11.8% lower cost of living index. Elm City scores 65 compared to 73 for Pinnacle, where the US average is 100. This difference means residents of Pinnacle can expect to pay noticeably more for everyday expenses, housing, and services.

Renters will find that Elm City has a median rent of $829/month while Pinnacle comes in at $540/month, a 54% difference.

Median household income in Elm City is $44,698 compared to $30,109 in Pinnacle (+48.5%). Elm City offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Elm City spend roughly 22.3% of their income on rent, more than the 21.5% in Pinnacle.

Income & Cost

Cost of Living Index
Elm City
65
12% cheaper
Pinnacle
73
Median Household Income
Elm City
$44,698
33% higher
Pinnacle
$30,109

Housing

Median Rent
Elm City
$829
Pinnacle
$540
35% cheaper
Median Home Value
Elm City
$106,600
Pinnacle
Population
Elm City
1,173
Pinnacle
416

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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