Statesville, NC Cost Of Living
Cost Of Living In Statesville, NC Summary
Cost of living in Statesville 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 Statesville 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 Statesville is 94, with 100 being the average.
The cost of living index in Statesville is 0.9x lower than the national average.
Statesville ranks as the #61 cheapest in North Carolina out of 157.
Statesville ranks as the #1,806 cheapest out of 6,489 in the US.
The median home value in Statesville is $293,158.
The median income in Statesville is $55,492.
Table Of Contents
Statesville's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Statesville, NC?
According to the most recent data on the cost of living, Statesville has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to North Carolina, Statesville has a cost of living index that's 1.0x lower than North Carolina's index of 96.
The standard of living in Statesville ranks as #61 most affordable out of the 157 places we measured in North Carolina. By definition, that implies Statesville ranks as the #96 most expensive place in the Tar Heel State.
For more reading on life in Statesville, check out:
In North Carolina
In America
Statesville Cost Of Living Vs. North Carolina
Six factors go into calculating the cost of living index in Statesville. Here is how it fairs on each of the criteria:
The Services index in Statesville is 92.
The Groceries index in Statesville is 98.
The Health index in Statesville is 97.
The Housing index in Statesville is 86.
The Transportation index in Statesville is 99.
The Utilities index in Statesville is 102.
| Living Expense | Statesville | North Carolina | National Average | |
|---|---|---|---|---|
| Overall | 94 | 96 | 100 | |
| Services | 92 | 99 | 100 | |
| Groceries | 98 | 99 | 100 | |
| Health | 97 | 106 | 100 | |
| Housing | 86 | 86 | 100 | |
| Transportation | 99 | 91 | 100 | |
| Utilities | 102 | 92 | 100 | |
Statesville, 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 Statesville is $293,158.
The Median Rent in Statesville is $935.
The Median Income in Statesville is $55,492.
The Home Value To Income in Statesville is 5.3x.
The Rent To Monthly Income in Statesville is 0.2x.
| Statistic | Statesville | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $293,158 | $332,681 | $303,400 |
| Median Rent | $935 | $1,162 | $1,348 |
| Median Income | $55,492 | $69,904 | $78,538 |
| Home Value To Income | 5.3x | 4.8x | 3.9x |
| Rent To Monthly Income | 0.2x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Statesville, NC Costs By Category
Detailed Statesville Services Costs Vs. North Carolina
| Item | Statesville | North Carolina |
|---|---|---|
| Shampoo | $1.34 | $1.28 |
| Movie | $13.67 | $12.13 |
| Bowling | $18.63 | $18.0 |
| Haircut | $30.02 | $24.26 |
| Beauty Salon | $39.6 | $45.56 |
Detailed Statesville Groceries Costs Vs. North Carolina
| Item | Statesville | 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 Statesville Health Costs Vs. North Carolina
| Item | Statesville | North Carolina |
|---|---|---|
| Optometrist | $131.75 | $125.68 |
| Doctor | $157.27 | $135.78 |
| Dentist | $130.26 | $113.29 |
Detailed Statesville Transportation Costs Vs. North Carolina
| Item | Statesville | North Carolina |
|---|---|---|
| Gasoline | $3.19 | $3.46 |
| Tire Balancing | $57.92 | $59.92 |
Detailed Statesville Utilities Costs Vs. North Carolina
| Item | Statesville | North Carolina |
|---|---|---|
| All Electricity | $160.96 | $193.99 |
| Phone | $187.97 | $192.25 |
Statesville SnackAbility
/10
Cost Of Living In Cities Around Statesville
The cost of living varies in the cities and towns around Statesville. 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, 1.2x Statesville.
Huntersville, NC has a cost of living index of 119, 1.3x Statesville.
Mooresville, NC has a cost of living index of 107, 1.1x Statesville.
| City | Population | Cost Of Living | Vs. Statesville |
|---|---|---|---|
| Charlotte, NC | 886,283 | 110 | 1.2x |
| Huntersville, NC | 62,458 | 119 | 1.3x |
| Mooresville, NC | 51,447 | 107 | 1.1x |
| Cornelius, NC | 32,009 | 122 | 1.3x |
| Matthews, NC | 29,959 | 113 | 1.2x |
| Clemmons, NC | 21,574 | 104 | 1.1x |
| Harrisburg, NC | 19,203 | 122 | 1.3x |
| Stallings, NC | 16,495 | 115 | 1.2x |
| Davidson, NC | 14,852 | 133 | 1.4x |
| Lewisville, NC | 13,655 | 104 | 1.1x |
