Cost of Living in Matthews, NC
Housing
The housing market plays a significant role in determining the cost of living in Matthews, NC.
- Housing Index: Data is updating
- Median Home Price is: $368,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Matthews, NC, it’s essential to analyze the housing market's overall picture. The current median home price stands at 368000, which may indicate a stable real estate environment. However, with the housing index at 0.0, it's crucial to investigate the availability and demand for properties. The lack of available rental options, with both the average rent for a 2BR apartment and house at 0.0 and 0.0 respectively showing 0.0, may signal a low rental market. Overall, various factors should be contemplatively examined before making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Matthews, NC.
- Electricity Price: $13.72 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Matthews, NC could entail higher utility costs. Electricity costs sit at $13.72, while natural gas is priced at data unavailable per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Matthews is a financially viable option for your relocation.