What is a pro or con of living in Chapel Hill, North Carolinacompared to Lake Monticello, Virginia?

Median Home Cost is 98% more expensive in Chapel Hill.

What salary do I need to live in Chapel Hill, North Carolina copmared to Lake Monticello, Virginia?

A salary of $50,000 in Lake Monticello, Virginia should increase to $62,366 in Chapel Hill, North Carolina (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

LAKE MONTICELLO vs. CHAPEL HILL
Cost of Living Comparison

Lake Monticello, Virginia vs. Chapel Hill, North Carolina

Cost of Living Comparison

The cost of living in Chapel Hill, North Carolina is 24.7% more expensive than Lake Monticello, Virginia.

You would need a salary of $62,366 in Chapel Hill, North Carolina to maintain the standard of living you have in Lake Monticello, Virginia.

Comparison highlights

• Overall, Chapel Hill, North Carolina is more expensive than Lake Monticello, Virginia
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
98% more expensive in Chapel Hill
than in Lake Monticello, Virginia

Lake Monticello, VA vs. Chapel Hill, NC

Compared to Lake Monticello, Chapel Hill is:

Homeowner

No Child Care, Taxes not Considered

24.7% higher

Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Renter

No Child Care, Taxes not Considered

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Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Food

6.0% higher

Housing (Homeowner)

85.1% higher

Housing (Rent)

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Median Home Cost

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Utilities

1.1% lower

Commute

12.1% lower

Health

3.7% lower

Taxes

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Childcare

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Personal

5.6% higher

Cost of Food

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Lake Monticello, Virginia vs. Chapel Hill, North Carolina

Cost of Living Comparison

Comparison highlights

Lake Monticello, VA vs. Chapel Hill, NC

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