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Myrtle Grove, NC vs Seven Lakes, NC

112
Myrtle Grove
North Carolina
VS
+25.3%
90
Seven Lakes
North Carolina

There is a significant gap in the cost of living between these two cities. Seven Lakes is 25.3% cheaper than Myrtle Grove. With a cost index of 90 vs 112, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Seven Lakes to Myrtle Grove should plan for substantially higher expenses across most categories.

On the housing front, median rent in Myrtle Grove is $1,523/month compared to $900/month in Seven Lakes — a 69% difference. Home values follow the same pattern: Seven Lakes is more affordable at $365,500 median vs $398,600.

Median household income in Myrtle Grove is $112,139 compared to $91,495 in Seven Lakes (+22.6%). The higher salaries in Myrtle Grove partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Myrtle Grove spend roughly 16.3% of their income on rent, more than the 11.8% in Seven Lakes.

Income & Cost

Cost of Living Index
Myrtle Grove
112
Seven Lakes
90
20% cheaper
Median Household Income
Myrtle Grove
$112,139
18% higher
Seven Lakes
$91,495

Housing

Median Rent
Myrtle Grove
$1,523
Seven Lakes
$900
41% cheaper
Median Home Value
Myrtle Grove
$398,600
Seven Lakes
$365,500
8% cheaper
Population
Myrtle Grove
12,404
Seven Lakes
4,823

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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