North Carolina • 2026 Data

Cost of Living in Matthews, North Carolina

Overall cost of living: +4% vs national average

Detailed housing, grocery, healthcare, and utility cost data for Matthews.

Housing
+13% vs avg
Utilities
-6% vs avg
Groceries
+2% vs avg
Transportation
Housing & Utilities
+13% vs avg
Median Home Price
$602,666
Median Rent
$1,809 / month
Energy Bill
$206.26 / month
Phone Bill
$184.01 / month
Gas (per gallon)
$3.08 / gallon
Food & Grocery
+2% vs avg
Loaf of Bread
$4.19
Gallon of Milk
$4.85
Carton of Eggs
$4.79
Bunch of Bananas
$0.79
Hamburger
$5.92
Healthcare
Doctor's Visit
$177.52
Dentist Visit
$142.60
Optometrist Visit
$161.69
Rx Drug
$25.70
Veterinary Visit
$72.68

Matthews in the Context of North Carolina

State Avg Cost Index97.8
State Avg Rent$1,387/mo
State Income Tax4.5%
Cities in State163

Other Cities in North Carolina

About Living in Matthews, North Carolina

Matthews is located in North Carolina and has an overall cost of living that is +4% 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 Matthews.

Housing: Median rent in Matthews is $1,809 / month, and the median home price is $602,666. Housing costs are +13% compared to the national average, which significantly impacts monthly budgets.

Groceries: Daily essentials like bread ($4.19), milk ($4.85), and eggs ($4.79) reflect the local grocery landscape. Overall grocery costs are +2% vs the national average.

Healthcare: Medical costs include doctor visits ($177.52), dentist visits ($142.60), and prescription drugs ($25.70). 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 Matthews residents.

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Matthews, North Carolina Cost of Living FAQ

Common questions about living costs in Matthews.

Matthews, North Carolina has an overall cost of living that is +4% the national average. Housing costs are +13% vs the national average. Grocery prices are +2% vs average. Utilities are -6% vs average. This makes Matthews a city with costs close to national averages.
The median rent in Matthews, North Carolina is $1,809 / month. Average energy bills run $206.26 / month. Phone bills average $184.01 / month. Housing is typically the largest expense for residents.
Healthcare costs in Matthews: doctor's visit averages $177.52, dentist visit averages $142.60, prescription drugs average $25.70. Overall healthcare expenses in the area are influenced by the +2% grocery cost difference.
Matthews is one of 163 cities tracked in North Carolina. With an overall cost +4% vs the national average, it tends to be pricier than some smaller communities. Visit our North Carolina state page to compare all cities side-by-side and find the best fit for your budget.
Matthews offers cost of living +4% compared to the national average. Key factors to consider: median home price of $602,666, rent of $1,809 / month, and a state income tax of 4.5% in North Carolina. Explore our detailed cost breakdown above to see if Matthews fits your budget.