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Lake Royale, NC vs Middlesex, NC

91
Lake Royale
North Carolina
VS
+20.9%
75
Middlesex
North Carolina

There is a significant gap in the cost of living between these two cities. Middlesex is 20.9% cheaper than Lake Royale. With a cost index of 75 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Middlesex to Lake Royale should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lake Royale is $1,144/month compared to $875/month in Middlesex — a 31% difference. Home values follow the same pattern: Middlesex is more affordable at $213,800 median vs $263,000.

Median household income in Lake Royale is $96,250 compared to $49,931 in Middlesex (+92.8%). While Lake Royale is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lake Royale spend roughly 14.3% of their income on rent, less than the 21% in Middlesex.

Income & Cost

Cost of Living Index
Lake Royale
91
Middlesex
75
17% cheaper
Median Household Income
Lake Royale
$96,250
48% higher
Middlesex
$49,931

Housing

Median Rent
Lake Royale
$1,144
Middlesex
$875
24% cheaper
Median Home Value
Lake Royale
$263,000
Middlesex
$213,800
19% cheaper
Population
Lake Royale
2,959
Middlesex
1,005

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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