Porters Neck, NC Cost Of Living
Cost Of Living In Porters Neck, NC Summary
Cost of living in Porters Neck 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 Porters Neck 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 Porters Neck is 128, with 100 being the average.
The cost of living index in Porters Neck is 1.3x higher than the national average.
Porters Neck ranks as the #150 cheapest in North Carolina out of 153.
Porters Neck ranks as the #5,183 cheapest out of 6,412 in the US.
The median home value in Porters Neck is $394,700.
The median income in Porters Neck is $103,047.
Table Of Contents
Porters Neck's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Porters Neck, NC?
According to the most recent data on the cost of living, Porters Neck has an overall cost of living index of 128, which is 1.3x higher than the national index of 100.
Compared to North Carolina, Porters Neck has a cost of living index that's 1.3x higher than North Carolina's index of 95.
The standard of living in Porters Neck ranks as #150 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Porters Neck ranks as the #3 most expensive place in the Tar Heel State.
For more reading on life in Porters Neck, check out:
- Living In Porters Neck
- Search Homes For Sale In Porters Neck, NC
In North Carolina
In America
Porters Neck Cost Of Living Vs. North Carolina
Six factors go into calculating the cost of living index in Porters Neck. Here is how it fairs on each of the criteria:
The Services index in Porters Neck is 103.
The Groceries index in Porters Neck is 99.
The Health index in Porters Neck is 106.
The Housing index in Porters Neck is 185.
The Transportation index in Porters Neck is 108.
The Utilities index in Porters Neck is 105.
| Living Expense | Porters Neck | North Carolina | National Average | |
|---|---|---|---|---|
| Overall | 128 | 95 | 100 | |
| Services | 103 | 97 | 100 | |
| Groceries | 99 | 98 | 100 | |
| Health | 106 | 108 | 100 | |
| Housing | 185 | 91 | 100 | |
| Transportation | 108 | 92 | 100 | |
| Utilities | 105 | 95 | 100 | |
Porters Neck, NC Housing Cost Breakdown
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 Porters Neck is $394,700.
The Median Rent in Porters Neck is $1,238.
The Median Income in Porters Neck is $103,047.
The Home Value To Income in Porters Neck is 3.8x.
The Rent To Monthly Income in Porters Neck is 0.14x.
| Statistic | Porters Neck | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $394,700 | $197,500 | $244,900 |
| Median Rent | $1,238 | $988 | $1,163 |
| Median Income | $103,047 | $60,516 | $69,021 |
| Home Value To Income | 3.8x | 3.3x | 3.5x |
| Rent To Monthly Income | 0.14x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Porters Neck, NC Costs By Category
Detailed Porters Neck Services Costs Vs. North Carolina
| Item | Porters Neck | 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 |
Detailed Porters Neck Groceries Costs Vs. North Carolina
| Item | Porters Neck | 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 |
Detailed Porters Neck Health Costs Vs. North Carolina
| Item | Porters Neck | North Carolina |
|---|---|---|
| Optometrist | $116.4 | $108.57 |
| Doctor | $121.67 | $116.17 |
| Dentist | $120.22 | $99.13 |
Detailed Porters Neck Transportation Costs Vs. North Carolina
| Item | Porters Neck | North Carolina |
|---|---|---|
| Gasoline | $2.5 | $2.22 |
| Tire Balancing | $63.96 | $50.07 |
Detailed Porters Neck Utilities Costs Vs. North Carolina
| Item | Porters Neck | North Carolina |
|---|---|---|
| All Electricity | $180.8 | $167.67 |
| Phone | $177.09 | $175.64 |
Porters Neck SnackAbility
/10
Cost Of Living In Cities Around Porters Neck
The cost of living varies in the cities and towns around Porters Neck. 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, 0.8x Porters Neck.
Leland, NC has a cost of living index of 103, 0.8x Porters Neck.
Murraysville, NC has a cost of living index of 102, 0.8x Porters Neck.
| City | Population | Cost Of Living | Vs. Porters Neck |
|---|---|---|---|
| Wilmington, NC | 115,976 | 105 | 0.8x |
| Leland, NC | 22,794 | 103 | 0.8x |
| Murraysville, NC | 15,976 | 102 | 0.8x |
| Myrtle Grove, NC | 11,672 | 111 | 0.9x |
| Kings Grant, NC | 9,071 | 97 | 0.8x |
| Ogden, NC | 8,613 | 112 | 0.9x |
| Hampstead, NC | 7,037 | 104 | 0.8x |
| Carolina Beach, NC | 6,456 | 117 | 0.9x |
| Silver Lake, NC | 5,690 | 98 | 0.8x |
