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Glen Raven, NC vs Morehead City, NC

71
Glen Raven
North Carolina
VS
-24.1%
94
Morehead City
North Carolina

There is a significant gap in the cost of living between these two cities. Glen Raven is 24.1% cheaper than Morehead City. With a cost index of 71 vs 94, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Glen Raven to Morehead City should plan for substantially higher expenses across most categories.

On the housing front, median rent in Glen Raven is $729/month compared to $1,122/month in Morehead City — a 35% difference. Home values follow the same pattern: Glen Raven is more affordable at $204,000 median vs $330,900.

Median household income in Glen Raven is $64,189 compared to $53,718 in Morehead City (+19.5%). Glen Raven offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Glen Raven spend roughly 13.6% of their income on rent, less than the 25.1% in Morehead City.

Income & Cost

Cost of Living Index
Glen Raven
71
24% cheaper
Morehead City
94
Median Household Income
Glen Raven
$64,189
16% higher
Morehead City
$53,718

Housing

Median Rent
Glen Raven
$729
35% cheaper
Morehead City
$1,122
Median Home Value
Glen Raven
$204,000
38% cheaper
Morehead City
$330,900
Population
Glen Raven
3,684
Morehead City
9,696

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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