Indian Trail, NC Cost Of Living
Cost Of Living In Indian Trail, NC Summary
Cost of living in Indian Trail 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 Indian Trail 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 Indian Trail is 113, with 100 being the average.
The cost of living index in Indian Trail is 1.1x higher than the national average.
Indian Trail ranks as the #125 cheapest in North Carolina out of 157.
Indian Trail ranks as the #3,948 cheapest out of 6,489 in the US.
The median home value in Indian Trail is $420,567.
The median income in Indian Trail is $99,073.
Table Of Contents
Indian Trail's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Indian Trail, NC?
According to the most recent data on the cost of living, Indian Trail has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.
Compared to North Carolina, Indian Trail has a cost of living index that's 1.2x higher than North Carolina's index of 92.
The standard of living in Indian Trail ranks as #125 most affordable out of the 157 places we measured in North Carolina. By definition, that implies Indian Trail ranks as the #32 most expensive place in the Tar Heel State.
For more reading on life in Indian Trail, check out:
In North Carolina
In America
Indian Trail Cost Of Living Vs. North Carolina
Six factors go into calculating the cost of living index in Indian Trail. Here is how it fairs on each of the criteria:
The Services index in Indian Trail is 104.
The Groceries index in Indian Trail is 100.
The Health index in Indian Trail is 111.
The Housing index in Indian Trail is 136.
The Transportation index in Indian Trail is 93.
The Utilities index in Indian Trail is 89.
| Living Expense | Indian Trail | North Carolina | National Average | |
|---|---|---|---|---|
| Overall | 113 | 92 | 100 | |
| Services | 104 | 100 | 100 | |
| Groceries | 100 | 99 | 100 | |
| Health | 111 | 106 | 100 | |
| Housing | 136 | 86 | 100 | |
| Transportation | 93 | 93 | 100 | |
| Utilities | 89 | 95 | 100 | |
Indian Trail, 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 Indian Trail is $420,567.
The Median Rent in Indian Trail is $1,916.
The Median Income in Indian Trail is $99,073.
The Home Value To Income in Indian Trail is 4.2x.
The Rent To Monthly Income in Indian Trail is 0.23x.
| Statistic | Indian Trail | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $420,567 | $332,681 | $303,400 |
| Median Rent | $1,916 | $1,162 | $1,348 |
| Median Income | $99,073 | $69,904 | $78,538 |
| Home Value To Income | 4.2x | 4.8x | 3.9x |
| Rent To Monthly Income | 0.23x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Indian Trail, NC Costs By Category
Detailed Indian Trail Services Costs Vs. North Carolina
| Item | Indian Trail | 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 Indian Trail Groceries Costs Vs. North Carolina
| Item | Indian Trail | 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 Indian Trail Health Costs Vs. North Carolina
| Item | Indian Trail | North Carolina |
|---|---|---|
| Optometrist | $143.74 | $125.68 |
| Doctor | $148.29 | $135.78 |
| Dentist | $115.52 | $113.29 |
Detailed Indian Trail Transportation Costs Vs. North Carolina
| Item | Indian Trail | North Carolina |
|---|---|---|
| Gasoline | $3.29 | $3.46 |
| Tire Balancing | $53.32 | $59.92 |
Detailed Indian Trail Utilities Costs Vs. North Carolina
| Item | Indian Trail | North Carolina |
|---|---|---|
| All Electricity | $167.89 | $193.99 |
| Phone | $189.9 | $192.25 |
Indian Trail SnackAbility
/10
Cost Of Living In Cities Around Indian Trail
The cost of living varies in the cities and towns around Indian Trail. 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 110, 1.0x Indian Trail.
Monroe, NC has a cost of living index of 99, 0.9x Indian Trail.
Matthews, NC has a cost of living index of 113, 1.0x Indian Trail.
| City | Population | Cost Of Living | Vs. Indian Trail |
|---|---|---|---|
| Charlotte, NC | 886,283 | 110 | 1.0x |
| Monroe, NC | 35,596 | 99 | 0.9x |
| Matthews, NC | 29,959 | 113 | 1.0x |
| Mint Hill, NC | 26,954 | 112 | 1.0x |
| Waxhaw, NC | 21,565 | 124 | 1.1x |
| Harrisburg, NC | 19,203 | 122 | 1.1x |
| Stallings, NC | 16,495 | 115 | 1.0x |
| Weddington, NC | 13,468 | 148 | 1.3x |
| Wesley Chapel, NC | 8,923 | 127 | 1.1x |
| Unionville, NC | 6,826 | 104 | 0.9x |
