Cost of living in Leland research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Leland is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in North Carolina, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Leland is 103, with 100 being the average.
The cost of living index in Leland is 1.0x higher than the national average.
Leland ranks as the #111 cheapest in North Carolina out of 153.
Leland ranks as the #3,487 cheapest out of 6,412 in the US.
The median home value in Leland is $273,000.
The median income in Leland is $78,884.
According to the most recent data on the cost of living, Leland has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to North Carolina, Leland has a cost of living index that's 1.1x higher than North Carolina's index of 95.
The standard of living in Leland ranks as #111 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Leland ranks as the #42 most expensive place in the Tar Heel State.
For more reading on life in Leland, check out:
Six factors go into calculating the cost of living index in Leland. Here is how it fairs on each of the criteria:
The Services index in Leland is 103.
The Groceries index in Leland is 99.
The Health index in Leland is 109.
The Housing index in Leland is 113.
The Transportation index in Leland is 108.
The Utilities index in Leland is 101.
Living Expense | Leland | North Carolina | National Average | |
---|---|---|---|---|
Overall | 103 | 95 | 100 | |
Services | 103 | 97 | 100 | |
Groceries | 99 | 98 | 100 | |
Health | 109 | 108 | 100 | |
Housing | 113 | 91 | 100 | |
Transportation | 108 | 92 | 100 | |
Utilities | 101 | 95 | 100 |
Housing swings affordability the most between places in North Carolina, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Leland is $273,000.
The Median Rent in Leland is $1,418.
The Median Income in Leland is $78,884.
The Home Value To Income in Leland is 3.5x.
The Rent To Monthly Income in Leland is 0.22x.
Statistic | Leland | North Carolina | United States |
---|---|---|---|
Median Home Value | $273,000 | $197,500 | $244,900 |
Median Rent | $1,418 | $988 | $1,163 |
Median Income | $78,884 | $60,516 | $69,021 |
Home Value To Income | 3.5x | 3.3x | 3.5x |
Rent To Monthly Income | 0.22x | 0.2x | 0.2x |
Item | Leland | North Carolina |
---|---|---|
Shampoo | $1.07 | $1.06 |
Movie | $10.35 | $10.68 |
Bowling | $13.67 | $14.67 |
Haircut | $15.0 | $18.62 |
Beauty Salon | $42.5 | $39.05 |
Item | Leland | North Carolina |
---|---|---|
Ground Beef | $4.32 | $4.22 |
Fried Chicken | $1.48 | $1.39 |
Milk | $2.58 | $2.05 |
Potatoes | $4.3 | $3.29 |
Pizza | $8.99 | $10.62 |
Beer | $9.69 | $9.38 |
Toothpaste | $3.23 | $2.34 |
Item | Leland | North Carolina |
---|---|---|
Optometrist | $116.4 | $108.57 |
Doctor | $121.67 | $116.17 |
Dentist | $120.22 | $99.13 |
Item | Leland | North Carolina |
---|---|---|
Gasoline | $2.5 | $2.22 |
Tire Balancing | $63.96 | $50.07 |
Item | Leland | North Carolina |
---|---|---|
All Electricity | $180.8 | $167.67 |
Phone | $177.09 | $175.64 |
The cost of living varies in the cities and towns around Leland. Here's a quick look at the cost of living in the most populous nearby places:
Wilmington, NC has a cost of living index of 105, 1.0x Leland.
Murraysville, NC has a cost of living index of 102, 1.0x Leland.
Myrtle Grove, NC has a cost of living index of 111, 1.1x Leland.
City | Population | Cost Of Living | Vs. Leland |
---|---|---|---|
Wilmington, NC | 115,976 | 105 | 1.0x |
Murraysville, NC | 15,976 | 102 | 1.0x |
Myrtle Grove, NC | 11,672 | 111 | 1.1x |
Kings Grant, NC | 9,071 | 97 | 0.9x |
Ogden, NC | 8,613 | 112 | 1.1x |
Porters Neck, NC | 7,221 | 128 | 1.2x |
Carolina Beach, NC | 6,456 | 117 | 1.1x |
Boiling Spring Lakes, NC | 5,863 | 98 | 1.0x |
Silver Lake, NC | 5,690 | 98 | 1.0x |