Conover, NC Cost Of Living
Cost Of Living In Conover, NC Summary
Cost of living in Conover 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 Conover 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:
The cost of living index in Conover is 92, with 100 being the average.
The cost of living index in Conover is 0.9x lower than the national average.
Conover ranks as the #47 cheapest in North Carolina out of 157.
Conover ranks as the #1,501 cheapest out of 6,489 in the US.
The median home value in Conover is $271,422.
The median income in Conover is $57,375.
Table Of Contents
Conover's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Conover, NC?
According to the most recent data on the cost of living, Conover has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to North Carolina, Conover has a cost of living index that's 1.0x lower than North Carolina's index of 92.
The standard of living in Conover ranks as #47 most affordable out of the 157 places we measured in North Carolina. By definition, that implies Conover ranks as the #110 most expensive place in the Tar Heel State.
For more reading on life in Conover, check out:
In North Carolina
In America
Conover Cost Of Living Vs. North Carolina
Six factors go into calculating the cost of living index in Conover. Here is how it fairs on each of the criteria:
The Services index in Conover is 92.
The Groceries index in Conover is 98.
The Health index in Conover is 97.
The Housing index in Conover is 82.
The Transportation index in Conover is 103.
The Utilities index in Conover is 103.
| Living Expense | Conover | North Carolina | National Average | |
|---|---|---|---|---|
| Overall | 92 | 92 | 100 | |
| Services | 92 | 100 | 100 | |
| Groceries | 98 | 99 | 100 | |
| Health | 97 | 106 | 100 | |
| Housing | 82 | 86 | 100 | |
| Transportation | 103 | 93 | 100 | |
| Utilities | 103 | 95 | 100 | |
Conover, 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 2019-2023. The key points are:
The Median Home Value in Conover is $271,422.
The Median Rent in Conover is $811.
The Median Income in Conover is $57,375.
The Home Value To Income in Conover is 4.7x.
The Rent To Monthly Income in Conover is 0.17x.
| Statistic | Conover | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $271,422 | $332,681 | $303,400 |
| Median Rent | $811 | $1,162 | $1,348 |
| Median Income | $57,375 | $69,904 | $78,538 |
| Home Value To Income | 4.7x | 4.8x | 3.9x |
| Rent To Monthly Income | 0.17x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Conover, NC Costs By Category
Detailed Conover Services Costs Vs. North Carolina
| Item | Conover | North Carolina |
|---|---|---|
| Shampoo | $1.34 | $1.28 |
| Movie | $13.67 | $12.13 |
| Bowling | $18.63 | $18 |
| Haircut | $30.02 | $24.26 |
| Beauty Salon | $39.6 | $45.56 |
Detailed Conover Groceries Costs Vs. North Carolina
| Item | Conover | North Carolina |
|---|---|---|
| Ground Beef | $6.12 | $5.84 |
| Fried Chicken | $1.55 | $1.57 |
| Milk | $4.66 | $4.67 |
| Potatoes | $5.3 | $4.93 |
| Pizza | $11.64 | $12.09 |
| Beer | $10.31 | $10.41 |
| Toothpaste | $3.75 | $3.7 |
Detailed Conover Health Costs Vs. North Carolina
| Item | Conover | North Carolina |
|---|---|---|
| Optometrist | $131.75 | $125.68 |
| Doctor | $157.27 | $135.78 |
| Dentist | $130.26 | $113.29 |
Detailed Conover Transportation Costs Vs. North Carolina
| Item | Conover | North Carolina |
|---|---|---|
| Gasoline | $3.19 | $3.46 |
| Tire Balancing | $57.92 | $59.92 |
Detailed Conover Utilities Costs Vs. North Carolina
| Item | Conover | North Carolina |
|---|---|---|
| All Electricity | $160.96 | $193.99 |
| Phone | $187.97 | $192.25 |
Conover SnackAbility
/10
Cost Of Living In Cities Around Conover
The cost of living varies in the cities and towns around Conover. Here's a quick look at the cost of living in the most populous nearby places:
Hickory, NC has a cost of living index of 99, 1.1x Conover.
Statesville, NC has a cost of living index of 94, 1.0x Conover.
Newton, NC has a cost of living index of 90, 1.0x Conover.
| City | Population | Cost Of Living | Vs. Conover |
|---|---|---|---|
| Hickory, NC | 43,747 | 99 | 1.1x |
| Statesville, NC | 29,161 | 94 | 1.0x |
| Newton, NC | 13,223 | 90 | 1.0x |
| Lincolnton, NC | 11,503 | 94 | 1.0x |
| St. Stephens, NC | 9,409 | 90 | 1.0x |
| Lake Norman of Catawba, NC | 9,308 | 121 | 1.3x |
| Sawmills, NC | 5,027 | 90 | 1.0x |
