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Spring Lake, NC vs Swansboro, NC

78
Spring Lake
North Carolina
VS
-24.7%
103
Swansboro
North Carolina

There is a significant gap in the cost of living between these two cities. Spring Lake is 24.7% cheaper than Swansboro. With a cost index of 78 vs 103, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Spring Lake to Swansboro should plan for substantially higher expenses across most categories.

On the housing front, median rent in Spring Lake is $1,228/month compared to $1,380/month in Swansboro — a 11% difference. Home values follow the same pattern: Spring Lake is more affordable at $101,300 median vs $356,900.

Median household income in Spring Lake is $50,497 compared to $112,382 in Swansboro (-55.1%). While Swansboro is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Spring Lake spend roughly 29.2% of their income on rent, more than the 14.7% in Swansboro.

Income & Cost

Cost of Living Index
Spring Lake
78
25% cheaper
Swansboro
103
Median Household Income
Spring Lake
$50,497
Swansboro
$112,382
55% higher

Housing

Median Rent
Spring Lake
$1,228
11% cheaper
Swansboro
$1,380
Median Home Value
Spring Lake
$101,300
72% cheaper
Swansboro
$356,900
Population
Spring Lake
11,613
Swansboro
3,887

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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