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Locust, NC vs Manteo, NC

84
Locust
North Carolina
VS
-17.8%
103
Manteo
North Carolina

There is a significant gap in the cost of living between these two cities. Locust is 17.8% cheaper than Manteo. With a cost index of 84 vs 103, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Locust to Manteo should plan for substantially higher expenses across most categories.

On the housing front, median rent in Locust is $887/month compared to $1,261/month in Manteo — a 30% difference. Home values follow the same pattern: Locust is more affordable at $285,800 median vs $384,100.

Median household income in Locust is $78,280 compared to $78,594 in Manteo (-0.4%). Manteo does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Locust spend roughly 13.6% of their income on rent, less than the 19.3% in Manteo.

Income & Cost

Cost of Living Index
Locust
84
18% cheaper
Manteo
103
Median Household Income
Locust
$78,280
Manteo
$78,594

Housing

Median Rent
Locust
$887
30% cheaper
Manteo
$1,261
Median Home Value
Locust
$285,800
26% cheaper
Manteo
$384,100
Population
Locust
5,529
Manteo
1,853

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Locust $2.96
Manteo
US $3.07
🥚
Eggs (grade A, large)
Locust $2.42
Manteo
US $2.50
🥛
Milk (whole)
Locust $3.89
Manteo
US $4.03
🍞
Bread (white)
Locust $1.79
Manteo
US $1.85
🍗
Chicken breast
Locust $4.00
Manteo
US $4.14
Electricity
Locust $0.16
Manteo
US $0.19