Myrtle Grove, NC vs Southport, NC

Myrtle Grove, NC and Southport, NC have a very similar cost of living, with only a 1.8% difference in their overall index. Myrtle Grove scores 112 while Southport scores 110 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Myrtle Grove is $1,523/month compared to $1,468/month in Southport — a 4% difference. Home values follow the same pattern: Southport is more affordable at $394,900 median vs $398,600.

Median household income in Myrtle Grove is $112,139 compared to $82,792 in Southport (+35.4%). While Myrtle Grove is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Myrtle Grove spend roughly 16.3% of their income on rent, less than the 21.3% in Southport.