Cost of living in Huntersville 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 Huntersville 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 Huntersville is 113, with 100 being the average.
The cost of living index in Huntersville is 1.1x higher than the national average.
Huntersville ranks as the #139 cheapest in North Carolina out of 153.
Huntersville ranks as the #4,363 cheapest out of 6,412 in the US.
The median home value in Huntersville is $332,600.
The median income in Huntersville is $102,335.
According to the most recent data on the cost of living, Huntersville has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.
Compared to North Carolina, Huntersville has a cost of living index that's 1.2x higher than North Carolina's index of 95.
The standard of living in Huntersville ranks as #139 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Huntersville ranks as the #14 most expensive place in the Tar Heel State.
For more reading on life in Huntersville, check out:
Six factors go into calculating the cost of living index in Huntersville. Here is how it fairs on each of the criteria:
The Services index in Huntersville is 103.
The Groceries index in Huntersville is 102.
The Health index in Huntersville is 105.
The Housing index in Huntersville is 136.
The Transportation index in Huntersville is 103.
The Utilities index in Huntersville is 95.
Living Expense | Huntersville | North Carolina | National Average | |
---|---|---|---|---|
Overall | 113 | 95 | 100 | |
Services | 103 | 97 | 100 | |
Groceries | 102 | 98 | 100 | |
Health | 105 | 108 | 100 | |
Housing | 136 | 91 | 100 | |
Transportation | 103 | 92 | 100 | |
Utilities | 95 | 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 Huntersville is $332,600.
The Median Rent in Huntersville is $1,509.
The Median Income in Huntersville is $102,335.
The Home Value To Income in Huntersville is 3.3x.
The Rent To Monthly Income in Huntersville is 0.18x.
Statistic | Huntersville | North Carolina | United States |
---|---|---|---|
Median Home Value | $332,600 | $197,500 | $244,900 |
Median Rent | $1,509 | $988 | $1,163 |
Median Income | $102,335 | $60,516 | $69,021 |
Home Value To Income | 3.3x | 3.3x | 3.5x |
Rent To Monthly Income | 0.18x | 0.2x | 0.2x |
Item | Huntersville | North Carolina |
---|---|---|
Shampoo | $1.0 | $1.06 |
Movie | $10.0 | $10.68 |
Bowling | $22.35 | $14.67 |
Haircut | $16.9 | $18.62 |
Beauty Salon | $39.1 | $39.05 |
Item | Huntersville | North Carolina |
---|---|---|
Ground Beef | $3.88 | $4.22 |
Fried Chicken | $1.46 | $1.39 |
Milk | $1.69 | $2.05 |
Potatoes | $3.65 | $3.29 |
Pizza | $9.09 | $10.62 |
Beer | $10.42 | $9.38 |
Toothpaste | $2.27 | $2.34 |
Item | Huntersville | North Carolina |
---|---|---|
Optometrist | $119.06 | $108.57 |
Doctor | $121.12 | $116.17 |
Dentist | $112.88 | $99.13 |
Item | Huntersville | North Carolina |
---|---|---|
Gasoline | $2.35 | $2.22 |
Tire Balancing | $45.59 | $50.07 |
Item | Huntersville | North Carolina |
---|---|---|
All Electricity | $158.05 | $167.67 |
Phone | $179.94 | $175.64 |
The cost of living varies in the cities and towns around Huntersville. 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, 0.9x Huntersville.
Concord, NC has a cost of living index of 96, 0.8x Huntersville.
Kannapolis, NC has a cost of living index of 92, 0.8x Huntersville.
City | Population | Cost Of Living | Vs. Huntersville |
---|---|---|---|
Charlotte, NC | 864,871 | 103 | 0.9x |
Concord, NC | 102,566 | 96 | 0.8x |
Kannapolis, NC | 52,173 | 92 | 0.8x |
Mooresville, NC | 48,431 | 101 | 0.9x |
Cornelius, NC | 30,925 | 113 | 1.0x |
Mint Hill, NC | 26,236 | 107 | 0.9x |
Harrisburg, NC | 18,415 | 111 | 1.0x |
Mount Holly, NC | 17,315 | 96 | 0.8x |
Davidson, NC | 14,644 | 125 | 1.1x |
Lake Norman of Catawba, NC | 8,441 | 112 | 1.0x |