Cost of Living Calculator - Mount Laurel, New Jersey vs Banner Elk, North Carolina


The cost of living in Banner Elk, North Carolina is 5.6% cheaper than Mount Laurel, New Jersey.

You would need a salary of $70,791 in Banner Elk, North Carolina to maintain the standard of living you have in Mount Laurel, New Jersey.
Comparison highlights
• Overall, Banner Elk, North Carolina is cheaper than Mount Laurel, New Jersey
• Childcare is the biggest factor in the cost of living difference.
Childcare
41% cheaper in Banner Elk
than in Mount Laurel, New Jersey
Mount Laurel, NJ vs Banner Elk, NC
Compared to Mount Laurel, Banner Elk is:
  Homeowner
      No Child Care, Taxes not Considered
  5.6% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  3.9% lower
  Housing (Homeowner)
  7.0% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  23.0% lower
  Commute
  37.8% lower
  Health
  27.9% higher
  Taxes
  Childcare
  Personal
  12.9% lower

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