Somers Point, New Jersey vs. Banner Elk, North Carolina

Cost of Living Comparison

The cost of living in Banner Elk, North Carolina is 5.1% more expensive than Somers Point, New Jersey.

You would need a salary of $52,542 in Banner Elk, North Carolina to maintain the standard of living you have in Somers Point, New Jersey.
Comparison highlights
• Overall, Banner Elk, North Carolina is more expensive than Somers Point, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
40% more expensive in Banner Elk
than in Somers Point, New Jersey
Somers Point, NJ vs. Banner Elk, NC
Compared to Somers Point, Banner Elk is:
  Homeowner
      No Child Care, Taxes not Considered
  5.1% higher
      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
  2.3% lower
  Housing (Homeowner)
  38.5% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  20.1% lower
  Commute
  18.1% lower
  Health
  31.9% higher
  Taxes
  Childcare
  Personal
  5.4% lower