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Ranlo, NC vs Spring Lake, NC

97
Ranlo
North Carolina
VS
+24.8%
78
Spring Lake
North Carolina

There is a significant gap in the cost of living between these two cities. Spring Lake is 24.8% cheaper than Ranlo. With a cost index of 78 vs 97, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Spring Lake to Ranlo should plan for substantially higher expenses across most categories.

On the housing front, median rent in Ranlo is $1,574/month compared to $1,228/month in Spring Lake — a 28% difference. Home values follow the same pattern: Spring Lake is more affordable at $101,300 median vs $184,500.

Median household income in Ranlo is $75,843 compared to $50,497 in Spring Lake (+50.2%). While Ranlo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ranlo spend roughly 24.9% of their income on rent, less than the 29.2% in Spring Lake.

Income & Cost

Cost of Living Index
Ranlo
97
Spring Lake
78
20% cheaper
Median Household Income
Ranlo
$75,843
33% higher
Spring Lake
$50,497

Housing

Median Rent
Ranlo
$1,574
Spring Lake
$1,228
22% cheaper
Median Home Value
Ranlo
$184,500
Spring Lake
$101,300
45% cheaper
Population
Ranlo
4,556
Spring Lake
11,613

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Ranlo $2.96
Spring Lake $2.97
US $3.07
🥚
Eggs (grade A, large)
Ranlo $2.42
Spring Lake $2.42
US $2.50
🥛
Milk (whole)
Ranlo $3.89
Spring Lake $3.90
US $4.03
🍞
Bread (white)
Ranlo $1.79
Spring Lake $1.79
US $1.85
🍗
Chicken breast
Ranlo $4.00
Spring Lake $4.01
US $4.14
Electricity
Ranlo $0.16
Spring Lake $0.16
US $0.19