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Lake Lure, NC vs Scotch Meadows, NC

100
Lake Lure
North Carolina
VS
+8.1%
92
Scotch Meadows
North Carolina

Scotch Meadows is moderately more affordable than Lake Lure, with a 8.1% lower cost of living index. Lake Lure scores 100 compared to 92 for Scotch Meadows, where the US average is 100. This difference means residents of Lake Lure can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Lake Lure are $510,300 compared to $233,000 in Scotch Meadows, a 119% gap.

Median household income in Lake Lure is $72,813 compared to $110,694 in Scotch Meadows (-34.2%). Scotch Meadows 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
Lake Lure
100
Scotch Meadows
92
8% cheaper
Median Household Income
Lake Lure
$72,813
Scotch Meadows
$110,694
34% higher

Housing

Median Rent
Lake Lure
$778
Scotch Meadows
Median Home Value
Lake Lure
$510,300
Scotch Meadows
$233,000
54% cheaper
Population
Lake Lure
1,488
Scotch Meadows
506

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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