Zip 28031 (Cornelius, NC) Cost of Living


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Cornelius cost of living score
102.5
More expensive
2.5% higher
than the US average
12.6% higher
than the North Carolina average
Cornelius (zip 28031), 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.

Zip 28031 (Cornelius, NC)

Housing costs in Cornelius?
A typical home costs $481,000, which is 42.3% more expensive than the national average of $338,100 and 66.3% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Cornelius costs $1,510 per month, which is 36.0% more than the national average of $1,110 and 17.2% more than the state average of $1,250.

Can I afford Cornelius?
To live comfortably in Cornelius (zip 28031), North Carolina, a minimum annual income of $92,160 for a family, and $53,600 for a single person is recommended.

What does A.I. say about Cornelius?
The cost of living in 28031 Cornelius, NC is quite reasonable, with a median home price of $304,900 and a median household income of $79,182. The cost of goods and services is also relatively low compared to the national average, with groceries costing about 97 percent of the national average and healthcare about 96 percent. The overall cost of living index for Cornelius was rated as 82.3 out of 100, meaning that it is more affordable than most other places in the United States. This makes Cornelius an ideal place to live for those who are looking for a reasonably priced place to call home without sacrificing quality of life.
   Cost of living score
     CategoriesCorneliusNorth CarolinaUnited States
  102.591.0100.0
  101.396.5100
  95.0107.2100.0
  132.483.1100.0
  $481,000$289,300$338,100
  96.7%99.2%100.0%
  101.383.9100.0
  111.089.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime