Housing costs in Matthews?
A typical home costs
$441,800, which is 30.7% more expensive than the national average of
$338,100 and 52.7% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Matthews costs
$1,570 per month, which is 9.8% more than the national average of
$1,430 and 29.3% more than the state average of
$1,110.
Can I afford Matthews?
To live comfortably in Matthews, North Carolina, a minimum annual income of
$84,600 for a family, and
$55,600 for a single person is recommended.
What does A.I. say about Matthews?
Living in Matthews, NC can be expensive. The overall cost of living is 13% higher than the national average, with housing costs being a big factor. Home prices are significantly higher than the national average, largely due to the town's close proximity to Charlotte and the demand for homes in the area. Other costs such as groceries, transportation and utilities are comparable to the national average. One of the biggest draws to Matthews is its lower-than-average tax burden, which helps offset some of the high-costs associated with living there. All in all, while living in Matthews can be costly compared to other parts of North Carolina, it offers a range of benefits that make it worth considering for those looking for a safe and family-friendly place to call home.