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Falkland, NC vs Light Oak, NC

76
Falkland
North Carolina
VS
-5.2%
80
Light Oak
North Carolina

Falkland is moderately more affordable than Light Oak, with a 5.2% lower cost of living index. Falkland scores 76 compared to 80 for Light Oak, where the US average is 100. This difference means residents of Light Oak can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Falkland are $45,800 compared to $87,100 in Light Oak, a 47% gap.

Median household income in Falkland is $93,542 compared to $59,583 in Light Oak (+57%). Falkland offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Falkland
76
5% cheaper
Light Oak
80
Median Household Income
Falkland
$93,542
36% higher
Light Oak
$59,583

Housing

Median Rent
Falkland
Light Oak
Median Home Value
Falkland
$45,800
47% cheaper
Light Oak
$87,100
Population
Falkland
119
Light Oak
321

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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