Zip 28105 (Matthews, NC) Cost of Living


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Matthews cost of living score
102.5
More expensive
2.5% higher
than the US average
12.6% higher
than the North Carolina average
Matthews (zip 28105), 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 28105 (Matthews, NC)

Housing costs in Matthews?
A typical home costs $413,000, which is 22.2% more expensive than the national average of $338,100 and 42.8% 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 41.4% more than the national average of $1,110 and 20.4% more than the state average of $1,250.

Can I afford Matthews?
To live comfortably in Matthews (zip 28105), North Carolina, a minimum annual income of $79,200 for a family, and $55,600 for a single person is recommended.

What does A.I. say about Matthews?
The cost of living in 28105 Matthews, NC is relatively low compared to other cities in the United States. The median household income for this area is $72,817, while the median home value is $237,200. Rent costs are also very reasonable, with a median rent of $1,288 per month. Groceries and overall day-to-day expenses are also quite competitively priced. Overall, residents of Matthews enjoy a comfortable lifestyle without having to break the bank.
   Cost of living score
     CategoriesMatthewsNorth CarolinaUnited States
  102.591.0100.0
  100.496.5100
  95.0107.2100.0
  123.083.1100.0
  $413,000$289,300$338,100
  98.9%99.2%100.0%
  101.283.9100.0
  111.089.2100.0

   100=National Average

   Average Rent by Bedroom Size
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