What is a pro or con of living in Oak Island, North Carolinacompared to Chincoteague, Virginia?

Median Home Cost is 54% more expensive in Oak Island.

What salary do I need to live in Oak Island, North Carolina copmared to Chincoteague, Virginia?

A salary of $50,000 in Chincoteague, Virginia should increase to $60,329 in Oak Island, 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.

CHINCOTEAGUE vs. OAK ISLAND
Cost of Living Comparison

Chincoteague, Virginia vs. Oak Island, North Carolina

Cost of Living Comparison

The cost of living in Oak Island, North Carolina is 20.7% more expensive than Chincoteague, Virginia.

You would need a salary of $60,329 in Oak Island, North Carolina to maintain the standard of living you have in Chincoteague, Virginia.

Comparison highlights

• Overall, Oak Island, North Carolina is more expensive than Chincoteague, Virginia
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
54% more expensive in Oak Island
than in Chincoteague, Virginia

Chincoteague, VA vs. Oak Island, NC

Compared to Chincoteague, Oak Island is:

Homeowner

No Child Care, Taxes not Considered

20.7% 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

2.2% higher

Housing (Homeowner)

1.4% higher

Housing (Rent)

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Median Home Cost

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Utilities

1.3% higher

Commute

25.5% higher

Health

9.0% higher

Taxes

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Childcare

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Personal

4.2% higher

Cost of Food

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Chincoteague, Virginia vs. Oak Island, North Carolina

Cost of Living Comparison

Comparison highlights

Chincoteague, VA vs. Oak Island, NC

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