Lumberton, NC vs Oak Island, NC

The cost of living difference between Lumberton, NC and Oak Island, NC is dramatic. Lumberton is 32.9% cheaper than Oak Island, a gap that translates to thousands of dollars per year in household expenses. Lumberton has a cost index of 69 while Oak Island sits at 103, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Lumberton is $824/month compared to $1,208/month in Oak Island — a 32% difference. Home values follow the same pattern: Lumberton is more affordable at $140,100 median vs $407,400.

Median household income in Lumberton is $43,114 compared to $83,483 in Oak Island (-48.4%). While Oak Island is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lumberton spend roughly 22.9% of their income on rent, more than the 17.4% in Oak Island.