Cost of Living in Emerald Isle, NC

Population 3,915 · North Carolina · Data vintage 2023

162
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Emerald Isle's housing market reflects its status as a high-earning metro: $564,000 for a typical home, 85% above the US median, paired with household incomes around $89,432 that put it in the upper third of the state. The labor market has been unusually tight, with unemployment around 1.4% — below most comparable cities in the state.

Emerald Isle is about 60 miles northeast of Wilmington, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 61% higher than Wilmington's $350,000.

Cost Overview

Housing 185
Rent 128

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Emerald Isle

The median home value in Emerald Isle is $563,600 — 85% above the national median of $305,000. Median rent runs $1,688/month, 28% higher than the national median of $1,314/month. The median household income of $89,432/year is 20% higher than the US median of $74,580. The local unemployment rate is 1.4%, below the national average of 4.8%. North Carolina's top state income tax rate is 4.5% and the combined sales tax is 7.0%. The climate averages highs of 74.2°F and lows of 54.4°F. Overall, Emerald Isle has a cost of living index of 162 versus the US average of 100, meaning it is 62% more expensive.

🏠 Housing

Median Home Value
$563,600
85% above avg
Zillow Home Value
$152,297
Zillow ZHVI
Median Rent
$1,688/mo
28% above avg
Price-to-Rent Ratio
27.8x
Favors renting
Property Tax Rate
0.8%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$826
1 BR
$860
2 BR
$1,049
3 BR
$1,384
4 BR
$1,637
Owner-occupied 83.1%
Renter-occupied 16.9%

💰 Estimated Monthly Budget

Rent median rent
$1,688
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,302/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
28.9 min
7% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
22.8%

Commute Mode

Drove alone
70.8%
Carpooled
2.9%
Walked
2.3%
Work from home
22.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.5%
Total Sales Tax 7.0%
State rate 4.8%
Avg local rate 2.2%
Property Tax 0.8%

💼 Income & Employment

Median Household Income
$89,432
20% above avg
Per Capita Income
$66,213
Unemployment Rate
1.4%
71% below avg
Poverty Rate
3.9%
Labor Force Participation
45.0%

🎓 Education

Bachelor's degree+ 29.0%
Graduate degree 22.9%

👥 Demographics

Median Age 58.7
Male median age 60
Female median age 57.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
74.2°F
Avg Low
54.4°F
Annual Precip
57.4"
Annual Snowfall
0.8"
30° 45° 60° 75° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 576066748187908984766760
Low °F 363844526169737268564640
Precip" 4.073.403.563.523.944.877.387.218.203.813.763.70
Snow" 0.60.10.00.00.00.00.00.00.00.00.00.1

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 38 — Good
90.6%
Good air days/yr
105
Max AQI recorded
0
PM2.5 days
352
Ozone days

Frequently Asked Questions

What is the cost of living in Emerald Isle, NC?

Emerald Isle has a cost index of 162 (100 = national average). It is 62% above the national average.

What is average rent in Emerald Isle, NC?

The median gross rent in Emerald Isle is $1,688 per month based on 2023 Census data.

What is the average home price in Emerald Isle?

The median home value in Emerald Isle is $563,600 according to Zillow and Census data.

What is the median income in Emerald Isle?

The median household income in Emerald Isle is $89,432 per year (2023 ACS 5-year estimates).

What is the sales tax in Emerald Isle, NC?

The combined state and local sales tax rate in Emerald Isle is 7.0%. The North Carolina state income tax top rate is 4.5%.

Is Emerald Isle, NC affordable?

Emerald Isle is above average in cost of living, with an index of 162 — about 62% higher than the national average.

What is the weather like in Emerald Isle?

Emerald Isle has average high temperatures of 74.2°F and average lows of 54.4°F. Annual precipitation is 57.4". Average annual snowfall is 0.8". Data from NOAA 1991–2020 Climate Normals.

Emerald Isle at a Glance

Population
3,915
Median Income
$89,432
Home Value
$563,600
Median Rent
$1,688/mo
Unemployment
1.4%
Avg High Temp
74.2°F
Sales Tax
7.0%
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