Oak Island is located in North Carolina and has an overall cost of living that is -2% compared to the national average. Understanding the full picture of living expenses — from housing and rent to grocery bills and healthcare — is essential when considering a move to Oak Island.

Housing: Median rent in Oak Island is $1,410 / month, and the median home price is $469,663. Housing costs are -12% compared to the national average, which significantly impacts monthly budgets.

Groceries: Daily essentials like bread ($4.02), milk ($4.66), and eggs ($4.60) reflect the local grocery landscape. Overall grocery costs are -2% vs the national average.

Healthcare: Medical costs include doctor visits ($163.98), dentist visits ($131.73), and prescription drugs ($23.74). These costs should be factored into your monthly budget when planning a move.

North Carolina has a state income tax rate of 4.5%, which affects take-home pay for Oak Island residents.

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Oak Island, North Carolina Cost of Living FAQ

Common questions about living costs in Oak Island.

Oak Island, North Carolina has an overall cost of living that is -2% the national average. Housing costs are -12% vs the national average. Grocery prices are -2% vs average. Utilities are +4% vs average. This makes Oak Island a reasonably affordable city.

The median rent in Oak Island, North Carolina is $1,410 / month. Average energy bills run $228.72 / month. Phone bills average $204.04 / month. Housing is typically the largest expense for residents.

Healthcare costs in Oak Island: doctor's visit averages $163.98, dentist visit averages $131.73, prescription drugs average $23.74. Overall healthcare expenses in the area are influenced by the -2% grocery cost difference.

Oak Island is one of 163 cities tracked in North Carolina. With an overall cost -2% vs the national average, it is more affordable than many other cities in the state. Visit our North Carolina state page to compare all cities side-by-side and find the best fit for your budget.

Oak Island offers cost of living -2% compared to the national average. Key factors to consider: median home price of $469,663, rent of $1,410 / month, and a state income tax of 4.5% in North Carolina. Explore our detailed cost breakdown above to see if Oak Island fits your budget.