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MOUNT LAUREL vs. BANNER ELK
Cost of Living Comparison

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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 $70,790 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

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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

3.9% lower

Housing (Homeowner)

7.0% higher

Housing (Rent)

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Median Home Cost

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Utilities

23.0% lower

Commute

37.8% lower

Health

27.9% higher

Taxes

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Childcare

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Personal

12.9% lower

Cost of Food

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