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Grantsboro, NC vs Scotland Neck, NC

71
Grantsboro
North Carolina
VS
+26.5%
56
Scotland Neck
North Carolina

There is a significant gap in the cost of living between these two cities. Scotland Neck is 26.5% cheaper than Grantsboro. With a cost index of 56 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Scotland Neck to Grantsboro should plan for substantially higher expenses across most categories.

On the housing front, median rent in Grantsboro is $847/month compared to $557/month in Scotland Neck — a 52% difference. Home values follow the same pattern: Scotland Neck is more affordable at $76,100 median vs $150,000.

Median household income in Grantsboro is $62,292 compared to $18,202 in Scotland Neck (+242.2%). While Grantsboro is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Grantsboro spend roughly 16.3% of their income on rent, less than the 36.7% in Scotland Neck. The Grantsboro ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Grantsboro
71
Scotland Neck
56
21% cheaper
Median Household Income
Grantsboro
$62,292
71% higher
Scotland Neck
$18,202

Housing

Median Rent
Grantsboro
$847
Scotland Neck
$557
34% cheaper
Median Home Value
Grantsboro
$150,000
Scotland Neck
$76,100
49% cheaper
Population
Grantsboro
698
Scotland Neck
2,087

Salary Equivalency Calculator

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