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 91, with 100 being the average.
The cost of living index in Conover is 0.9x lower than the national average.
Conover ranks as the #46 cheapest in North Carolina out of 153.
Conover ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Conover is $171,900.
The median income in Conover is $47,923.
According to the most recent data on the cost of living, Conover has an overall cost of living index of 91, 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 95.
The standard of living in Conover ranks as #46 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Conover ranks as the #107 most expensive place in the Tar Heel State.
For more reading on life in Conover, check out:
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 96.
The Groceries index in Conover is 99.
The Health index in Conover is 106.
The Housing index in Conover is 75.
The Transportation index in Conover is 93.
The Utilities index in Conover is 98.
Living Expense | Conover | North Carolina | National Average | |
---|---|---|---|---|
Overall | 91 | 95 | 100 | |
Services | 96 | 97 | 100 | |
Groceries | 99 | 98 | 100 | |
Health | 106 | 108 | 100 | |
Housing | 75 | 91 | 100 | |
Transportation | 93 | 92 | 100 | |
Utilities | 98 | 95 | 100 |
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 Conover is $171,900.
The Median Rent in Conover is $766.
The Median Income in Conover is $47,923.
The Home Value To Income in Conover is 3.6x.
The Rent To Monthly Income in Conover is 0.19x.
Statistic | Conover | North Carolina | United States |
---|---|---|---|
Median Home Value | $171,900 | $197,500 | $244,900 |
Median Rent | $766 | $988 | $1,163 |
Median Income | $47,923 | $60,516 | $69,021 |
Home Value To Income | 3.6x | 3.3x | 3.5x |
Rent To Monthly Income | 0.19x | 0.2x | 0.2x |
Item | Conover | 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 |
Item | Conover | 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 |
Item | Conover | North Carolina |
---|---|---|
Optometrist | $107.22 | $108.57 |
Doctor | $108.33 | $116.17 |
Dentist | $116.5 | $99.13 |
Item | Conover | North Carolina |
---|---|---|
Gasoline | $2.12 | $2.22 |
Tire Balancing | $42.02 | $50.07 |
Item | Conover | North Carolina |
---|---|---|
All Electricity | $165.99 | $167.67 |
Phone | $169.63 | $175.64 |
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 97, 1.1x Conover.
Statesville, NC has a cost of living index of 88, 1.0x Conover.
Newton, NC has a cost of living index of 92, 1.0x Conover.
City | Population | Cost Of Living | Vs. Conover |
---|---|---|---|
Hickory, NC | 42,831 | 97 | 1.1x |
Statesville, NC | 27,777 | 88 | 1.0x |
Newton, NC | 13,081 | 92 | 1.0x |
Lincolnton, NC | 10,926 | 91 | 1.0x |
St. Stephens, NC | 9,396 | 88 | 1.0x |
Lake Norman of Catawba, NC | 8,441 | 112 | 1.2x |
Sawmills, NC | 5,053 | 90 | 1.0x |