Emerald Isle cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexEmerald IsleNorth CarolinaNational
Cost of living index12795100
IndexEmerald IsleNorth CarolinaNational
Goods & Services index99100100
Groceries index10399100
Health care index113105100
Housing index18787100
Transportation index10194100
Utilities index10097100
Displayed above is a general overview of the Emerald Isle, NC cost of living index. The overall cost of living index in Emerald Isle, NC is 127, which is 33% higher than the North Carolina average and 27% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Emerald Isle, NC are 1% lower than the North Carolina average and 1% lower than the national average.

Did you know?

  • The cost of living in Emerald Isle is 33% higher than the North Carolina average.
  • The cost of living in Emerald Isle is 27% higher than the national average.
  • The cost of housing in Emerald Isle is 87% higher than the national average.
  • North Carolina general sales tax is 7% lower than the national average.
  • North Carolina state income tax is 159% higher than the national average.

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Compare Emerald Isle, NC Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Emerald Isle, NC to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Emerald Isle, NC, then you would need to earn more income in order to maintain the same standard of living. To use the Emerald Isle, NC salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$69,318$5,777$1,617$2,080
Renters$48,214$4,018$1,125$1,447
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Emerald Isle, NC, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Emerald Isle, NC has a median income of about $69,318 for people who own homes. Based on that number, a person should spend a maximum of $1,617 on expenses related to housing. Renters have a slightly different median income, which is $48,214. Based on this average, renters should spend no more than $1,125 on all of their rental costs if they want to maintain a non-impoverished standard of living.

North Carolina Sales Tax

StateGeneral Sales TaxWith Max Surtax
North Carolina4.75%7.5%

North Carolina Income Tax

StateIncome Tax (Low)Income Tax (High)
North Carolina5.75%5.75%
The North Carolina sales tax and North Carolina income tax rates should definitely be considered when determining the overall cost of living in Emerald Isle, NC. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The North Carolina sales tax is 4.75% and the maximum surtax is 7.5%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The North Carolina income tax rates range from 5.75% to 5.75%.

Goods & Services

ItemEmerald IsleNational avg.Difference
Haircut $14.22$15.568.6%
Beauty Salon $41.53$36.1115.0%
Toothpaste $2.12$2.4714.3%
Shampoo $1.00$0.963.3%
Movie $11.29$10.1311.5%
Bowling $3.90$4.7417.7%

Groceries

ItemEmerald IsleNational avg.Difference
Ground Beef $4.72$3.9818.5%
Fried Chicken $1.36$1.413.1%
Milk $1.97$2.064.5%
Potatoes $3.34$2.9812.0%
Pizza $9.13$9.473.6%
Beer $8.69$8.791.1%

Health Care

ItemEmerald IsleNational avg.Difference
Optometrist $110.28$101.049.1%
Doctor $140.44$107.4430.7%
Dentist $101.50$90.4212.3%
Ibuprofen $8.83$9.284.9%
Lipitor $427.77$426.500.3%

Housing

ItemEmerald IsleNational avg.Difference
Home Price $376,800.00$175,700.00114.5%
Avg. Mortgage Payment $958.55$1,133.2315.4%
Apartment Rent $1,118.00$920.0021.5%

Transportation

ItemEmerald IsleNational avg.Difference
Gasoline $1.96$1.991.6%
Tire Balancing $48.95$45.767.0%

Utilities

ItemEmerald IsleNational avg.Difference
All Electricity$167.71$163.812.4%
Phone $28.00$28.391.4%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Peletier, NC87995-5%
Havelock, NC20,85098-2%
Newport, NC4,48798-2%
Morehead City, NC9,0301000%
Broad Creek, NC2,2481011%
Emerald Isle, NC3,68912727%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Carthage, NY3,68996-4%
Waikapu, HI3,68917272%
Leisure Village East, NJ3,6891099%
Forsyth, IL3,6901022%
Brimfield, OH3,69193-7%
Emerald Isle, NC3,68912727%
Source: The Emerald Isle, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.