What is the cost of living in Belmont, NC?
According to the most recent data on the cost of living, Belmont has an overall cost of living index of 107, which is 1.1x higher than the national index of 100.
Compared to North Carolina, Belmont has a cost of living index that's 1.1x higher than North Carolina's index of 95.
The standard of living in Belmont ranks as #103 most affordable out of the 159 places we measured in North Carolina. By definition, that implies Belmont ranks as the #56 most expensive place in the Tar Heel State.
For more reading on life in Belmont, check out:
Belmont Cost Of Living Vs. North Carolina
Six factors go into calculating the cost of living index in Belmont. Here is how it fares on each of the criteria:
The Services index in Belmont is 97.
The Groceries index in Belmont is 100.
The Health index in Belmont is 125.
The Housing index in Belmont is 97.
The Transportation index in Belmont is 105.
The Utilities index in Belmont is 99.
| Living Expense | Belmont | North Carolina | National Average |
|---|---|---|---|
| Overall | 107 | 95 | 100 |
| Services | 97 | 98 | 100 |
| Groceries | 100 | 98 | 100 |
| Health | 125 | 89 | 100 |
| Housing | 97 | 100 | 100 |
| Transportation | 105 | 97 | 100 |
| Utilities | 99 | 101 | 100 |
Belmont Cost Of Living Compared To North Carolina Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around North Carolina, check out:
- Most Expensive Cities In North Carolina
- Most Affordable Cities In North Carolina
- Average Rent In North Carolina
Source: Cost-of-living index 2026, normalized to US average = 100
Belmont, NC Housing Cost Breakdown
Housing swings affordability the most between places in North Carolina, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Belmont is $432,564.
The Median Rent in Belmont is $1,365.
The Median Income in Belmont is $94,883.
The Home Value To Income in Belmont is 4.6x.
The Rent To Monthly Income in Belmont is 0.17x.
| Statistic | Belmont | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $432,564 | $336,407 | $332,700 |
| Median Rent | $1,365 | $1,228 | $1,413 |
| Median Income | $94,883 | $72,388 | $80,734 |
| Home Value To Income | 4.6x | 4.6x | 4.1x |
| Rent To Monthly Income | 0.17x | 0.2x | 0.21x |
Belmont, NC Costs By Category
Detailed Belmont Services costs vs. North Carolina
| Item | Belmont | North Carolina |
|---|---|---|
| Shampoo | $1.27 | $1.28 |
| Movie | $13.55 | $12.13 |
| Bowling | $21.67 | $18 |
| Haircut | $18.25 | $24.26 |
| Beauty Salon | $59.75 | $45.56 |
Detailed Belmont Groceries costs vs. North Carolina
| Item | Belmont | North Carolina |
|---|---|---|
| Ground Beef | $6.27 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.61 | $4.67 |
| Potatoes | $4.98 | $4.93 |
| Pizza | $10.96 | $12.09 |
| Beer | $10.47 | $10.41 |
| Toothpaste | $3.81 | $3.7 |
Detailed Belmont Health costs vs. North Carolina
| Item | Belmont | North Carolina |
|---|---|---|
| Optometrist | $143.74 | $125.68 |
| Doctor | $148.29 | $135.78 |
| Dentist | $115.52 | $113.29 |
Detailed Belmont Transportation costs vs. North Carolina
| Item | Belmont | North Carolina |
|---|---|---|
| Gasoline | $3.29 | $3.46 |
| Tire Balancing | $53.32 | $59.92 |
Detailed Belmont Utilities costs vs. North Carolina
| Item | Belmont | North Carolina |
|---|---|---|
| All Electricity | $167.89 | $193.99 |
| Phone | $189.9 | $192.25 |
Belmont SnackAbility
Cost Of Living In Cities Around Belmont
The cost of living varies in the cities and towns around Belmont. Here's a quick look at the cost of living in the most populous nearby places:
Charlotte, NC has a cost of living index of 108, 1.0x Belmont.
Gastonia, NC has a cost of living index of 98, 0.9x Belmont.
Rock Hill, SC has a cost of living index of 99, 0.9x Belmont.
| City | Population | Cost Of Living | Vs. Belmont |
|---|---|---|---|
| Charlotte, NC | 903,844 | 108 | 1.0x |
| Gastonia, NC | 82,884 | 98 | 0.9x |
| Rock Hill, SC | 75,259 | 99 | 0.9x |
| Huntersville, NC | 63,969 | 116 | 1.1x |
| Cornelius, NC | 32,783 | 124 | 1.2x |
| Fort Mill, SC | 30,775 | 116 | 1.1x |
| Mount Holly, NC | 18,208 | 97 | 0.9x |
| Lake Wylie, SC | 16,006 | 121 | 1.1x |
| Tega Cay, SC | 13,615 | 131 | 1.2x |
| Kings Mountain, NC | 12,039 | 93 | 0.9x |
