Cherryville, NC Cost Of Living

The latest cost of living statistics for Cherryville. Includes statistics on rent, mortgages, healthcare, and other costs for Cherryville compared to the state and national averages.

Cost of living in Cherryville, North Carolina

Cost of living in Cherryville research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Cherryville is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in North Carolina, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

93 Cost of living index 0.9x lower vs US
#39 Cheapest in North Carolina (of 159)
#1,516 Cheapest in the U.S. (of 6,489)
$249,357 Median home value
$1,059 Median rent
$70,625 Median income
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What is the cost of living in Cherryville, NC?

According to the most recent data on the cost of living, Cherryville has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.

Compared to North Carolina, Cherryville has a cost of living index that's 1.0x lower than North Carolina's index of 95.

The standard of living in Cherryville ranks as #39 most affordable out of the 159 places we measured in North Carolina. By definition, that implies Cherryville ranks as the #120 most expensive place in the Tar Heel State.

For more reading on life in Cherryville, check out:

Cherryville Cost Of Living Vs. North Carolina

Six factors go into calculating the cost of living index in Cherryville. Here is how it fares on each of the criteria:

  • The Services index in Cherryville is 100.

  • The Groceries index in Cherryville is 98.

  • The Health index in Cherryville is 78.

  • The Housing index in Cherryville is 96.

  • The Transportation index in Cherryville is 101.

  • The Utilities index in Cherryville is 98.

Living Expense Cherryville North Carolina National Average
Overall 93 95 100
Services 100 98 100
Groceries 98 98 100
Health 78 89 100
Housing 96 100 100
Transportation 101 97 100
Utilities 98 101 100

Cherryville Cost Of Living Compared To North Carolina Averages

Services
Cherryville 100
North Carolina avg 98
Groceries
Cherryville 98
North Carolina avg 98
Health
Cherryville 78
North Carolina avg 89
Housing
Cherryville 96
North Carolina avg 100
Transportation
Cherryville 101
North Carolina avg 97
Utilities
Cherryville 98
North Carolina avg 101

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around North Carolina, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Cherryville, NC Housing Cost Breakdown

$249,357Median Home Value
$1,059Median Rent
$70,625Median Income

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 Cherryville is $249,357.

  • The Median Rent in Cherryville is $1,059.

  • The Median Income in Cherryville is $70,625.

  • The Home Value To Income in Cherryville is 3.5x.

  • The Rent To Monthly Income in Cherryville is 0.18x.

Statistic Cherryville North Carolina United States
Median Home Value $249,357 $336,407 $332,700
Median Rent $1,059 $1,228 $1,413
Median Income $70,625 $72,388 $80,734
Home Value To Income 3.5x 4.6x 4.1x
Rent To Monthly Income 0.18x 0.2x 0.21x

Cherryville, NC Costs By Category

Detailed Cherryville Services costs vs. North Carolina
Item Cherryville 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 Cherryville Groceries costs vs. North Carolina
Item Cherryville 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 Cherryville Health costs vs. North Carolina
Item Cherryville North Carolina
Optometrist $143.74 $125.68
Doctor $148.29 $135.78
Dentist $115.52 $113.29
Detailed Cherryville Transportation costs vs. North Carolina
Item Cherryville North Carolina
Gasoline $3.29 $3.46
Tire Balancing $53.32 $59.92
Detailed Cherryville Utilities costs vs. North Carolina
Item Cherryville North Carolina
All Electricity $167.89 $193.99
Phone $189.9 $192.25

Cherryville SnackAbility

6Overall SnackAbility
Jobs 8/10
Housing 6/10
Affordability 8/10
Diversity 6/10
Safety 5/10
Amenities 8/10
Education 6/10
Commute 7/10

Cost Of Living In Cities Around Cherryville

The cost of living varies in the cities and towns around Cherryville. Here's a quick look at the cost of living in the most populous nearby places:

  • Huntersville, NC has a cost of living index of 116, 1.2x Cherryville.

  • Indian Trail, NC has a cost of living index of 111, 1.2x Cherryville.

  • Cornelius, NC has a cost of living index of 124, 1.3x Cherryville.

City Population Cost Of Living Vs. Cherryville
Huntersville, NC 63,969 116 1.2x
Indian Trail, NC 42,036 111 1.2x
Cornelius, NC 32,783 124 1.3x
Matthews, NC 30,577 117 1.3x
Harrisburg, NC 19,633 117 1.3x
Stallings, NC 16,886 114 1.2x
Davidson, NC 15,660 131 1.4x
Weddington, NC 13,805 146 1.6x
Kings Mountain, NC 12,039 93 1.0x
Lincolnton, NC 11,783 96 1.0x