Davidson, NC Cost of Living


3 Reviews



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Davidson cost of living score
102.5
More expensive
2.5% higher
than the US average
12.6% higher
than the North Carolina average
Davidson, North Carolina gets a BestPlaces Cost of Living score of 102.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 2.5% higher than the U.S. average and 12.6% higher than the average for North Carolina.

Davidson, NC

Housing costs in Davidson?
A typical home costs $567,400, which is 67.8% more expensive than the national average of $338,100 and 96.1% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Davidson costs $1,420 per month, which is 0.7% cheaper than the national average of $1,430 and 21.8% more than the state average of $1,110.

Can I afford Davidson?
To live comfortably in Davidson, North Carolina, a minimum annual income of $108,720 for a family, and $50,000 for a single person is recommended.

What does A.I. say about Davidson?
Living in Davidson, NC is quite affordable. The cost of living index is slightly lower than the national average, making it an attractive destination for those looking to stretch their budgets. In addition to the low cost of living, Davidson has a variety of amenities that make it a desirable place to live. From shopping and entertainment to outdoor activities and family-friendly events, there are plenty of ways to enjoy life in this vibrant city without breaking the bank. Overall, Davidson is a great place to call home at an affordable price.
   Cost of living score
     CategoriesDavidsonNorth CarolinaUnited States
  102.591.0100.0
  103.296.5100
  95.0107.2100.0
  159.083.1100.0
  $567,400$289,300$338,100
  98.3%99.2%100.0%
  95.683.9100.0
  110.389.2100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Davidson
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We just moved here from Chicago about six months ago after visiting Charlotte several time because our son attends UNCC. We happened to visit Davidson to find a new  More

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Over 12 years ago

Granted we just moved to Davidson just a few weeks ago but we find it to be one of the best all-around cities to live in. Close to Charlotte, you have the benefit of  More

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Over 18 years ago

Moved to NC from  More

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