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Newton, NC vs Shallotte, NC

76
Newton
North Carolina
VS
-17.7%
92
Shallotte
North Carolina

There is a significant gap in the cost of living between these two cities. Newton is 17.7% cheaper than Shallotte. With a cost index of 76 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Newton to Shallotte should plan for substantially higher expenses across most categories.

On the housing front, median rent in Newton is $1,016/month compared to $1,127/month in Shallotte — a 10% difference. Home values follow the same pattern: Newton is more affordable at $169,300 median vs $301,300.

Median household income in Newton is $56,869 compared to $75,642 in Shallotte (-24.8%). While Shallotte is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Newton spend roughly 21.4% of their income on rent, more than the 17.9% in Shallotte.

Income & Cost

Cost of Living Index
Newton
76
18% cheaper
Shallotte
92
Median Household Income
Newton
$56,869
Shallotte
$75,642
25% higher

Housing

Median Rent
Newton
$1,016
10% cheaper
Shallotte
$1,127
Median Home Value
Newton
$169,300
44% cheaper
Shallotte
$301,300
Population
Newton
13,223
Shallotte
4,465

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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