Statesville, NC Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

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 88, with 100 being the average.

  • The cost of living index in Statesville is 0.9x lower than the national average.

  • Statesville ranks as the #24 cheapest in North Carolina out of 153.

  • Statesville ranks as the #1,278 cheapest out of 6,412 in the US.

  • The median home value in Statesville is $167,700.

  • The median income in Statesville is $43,497.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
88
Statesville's Overall Cost Of Living
0.9x
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 88, which is 0.9x lower than the national index of 100.

Compared to North Carolina, Statesville has a cost of living index that's 0.9x lower than North Carolina's index of 95.

The standard of living in Statesville ranks as #24 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Statesville ranks as the #129 most expensive place in the Tar Heel State.

For more reading on life in Statesville, check out:

24 out of 153
In North Carolina
1,278 out of 6,412
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 98.

  • The Groceries index in Statesville is 99.

  • The Health index in Statesville is 107.

  • The Housing index in Statesville is 73.

  • The Transportation index in Statesville is 94.

  • The Utilities index in Statesville is 95.

Living Expense Statesville North Carolina National Average
Overall 88 95 100
Services 98 97 100
Groceries 99 98 100
Health 107 108 100
Housing 73 91 100
Transportation 94 92 100
Utilities 95 95 100
For more reading on cost of living around North Carolina, check out:
Statesville Cost of Living Vs. NC

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 2017-2021. The key points are:

  • The Median Home Value in Statesville is $167,700.

  • The Median Rent in Statesville is $776.

  • The Median Income in Statesville is $43,497.

  • The Home Value To Income in Statesville is 3.9x.

  • The Rent To Monthly Income in Statesville is 0.21x.

Statistic Statesville North Carolina United States
Median Home Value $167,700 $197,500 $244,900
Median Rent $776 $988 $1,163
Median Income $43,497 $60,516 $69,021
Home Value To Income 3.9x 3.3x 3.5x
Rent To Monthly Income 0.21x 0.2x 0.2x
Search Homes For Sale In Statesville, NC
$167,700
Median Home Value
$776
Median Rent
$43,497
Median Income

Statesville, NC Costs By Category

Detailed Statesville Services Costs Vs. North Carolina

Item Statesville North Carolina
Shampoo $1.74 $1.06
Movie $8.75 $10.68
Bowling $10.0 $14.67
Haircut $15.8 $18.62
Beauty Salon $32.0 $39.05

Detailed Statesville Groceries Costs Vs. North Carolina

Item Statesville North Carolina
Ground Beef $4.04 $4.22
Fried Chicken $1.18 $1.39
Milk $1.6 $2.05
Potatoes $3.25 $3.29
Pizza $10.24 $10.62
Beer $10.25 $9.38
Toothpaste $2.8 $2.34

Detailed Statesville Health Costs Vs. North Carolina

Item Statesville North Carolina
Optometrist $107.22 $108.57
Doctor $108.33 $116.17
Dentist $116.5 $99.13

Detailed Statesville Transportation Costs Vs. North Carolina

Item Statesville North Carolina
Gasoline $2.12 $2.22
Tire Balancing $42.02 $50.07

Detailed Statesville Utilities Costs Vs. North Carolina

Item Statesville North Carolina
All Electricity $165.99 $167.67
Phone $169.63 $175.64

Statesville SnackAbility

6
/10
Overall SnackAbility
Jobs
5/10
Housing
6
Affordability
5
Diversity
9.5
Safety
N/A
Amenities
8
Education
7
Commute
8.5

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 103, 1.2x Statesville.

  • Huntersville, NC has a cost of living index of 113, 1.3x Statesville.

  • Mooresville, NC has a cost of living index of 101, 1.1x Statesville.

City Population Cost Of Living Vs. Statesville
Charlotte, NC 864,871 103 1.2x
Huntersville, NC 60,166 113 1.3x
Mooresville, NC 48,431 101 1.1x
Cornelius, NC 30,925 113 1.3x
Matthews, NC 29,417 107 1.2x
Clemmons, NC 21,032 101 1.1x
Harrisburg, NC 18,415 111 1.3x
Stallings, NC 15,932 109 1.2x
Davidson, NC 14,644 125 1.4x
Lewisville, NC 13,413 97 1.1x

Articles About North Carolina

Enjoy The Snack?