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 103, with 100 being the average.
The cost of living index in Indian Trail is 1.0x higher than the national average.
Indian Trail ranks as the #111 cheapest in North Carolina out of 153.
Indian Trail ranks as the #3,487 cheapest out of 6,412 in the US.
The median home value in Indian Trail is $252,200.
The median income in Indian Trail is $88,673.
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 103, which is 1.0x higher than the national index of 100.
Compared to North Carolina, Indian Trail has a cost of living index that's 1.1x higher than North Carolina's index of 95.
The standard of living in Indian Trail ranks as #111 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Indian Trail ranks as the #42 most expensive place in the Tar Heel State.
For more reading on life in Indian Trail, check out:
- Living In Indian Trail
- Search Homes For Sale In Indian Trail, NC
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 107.
The Groceries index in Indian Trail is 103.
The Health index in Indian Trail is 106.
The Housing index in Indian Trail is 104.
The Transportation index in Indian Trail is 101.
The Utilities index in Indian Trail is 97.
| Living Expense | Indian Trail | North Carolina | National Average | |
|---|---|---|---|---|
| Overall | 103 | 95 | 100 | |
| Services | 107 | 97 | 100 | |
| Groceries | 103 | 98 | 100 | |
| Health | 106 | 108 | 100 | |
| Housing | 104 | 91 | 100 | |
| Transportation | 101 | 92 | 100 | |
| Utilities | 97 | 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 2017-2021. The key points are:
The Median Home Value in Indian Trail is $252,200.
The Median Rent in Indian Trail is $1,623.
The Median Income in Indian Trail is $88,673.
The Home Value To Income in Indian Trail is 2.8x.
The Rent To Monthly Income in Indian Trail is 0.22x.
| Statistic | Indian Trail | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $252,200 | $197,500 | $244,900 |
| Median Rent | $1,623 | $988 | $1,163 |
| Median Income | $88,673 | $60,516 | $69,021 |
| Home Value To Income | 2.8x | 3.3x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.2x | 0.2x |
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 | $1.0 | $1.06 |
| Movie | $10.0 | $10.68 |
| Bowling | $22.35 | $14.67 |
| Haircut | $16.9 | $18.62 |
| Beauty Salon | $39.1 | $39.05 |
Detailed Indian Trail Groceries Costs Vs. North Carolina
| Item | Indian Trail | 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 |
Detailed Indian Trail Health Costs Vs. North Carolina
| Item | Indian Trail | North Carolina |
|---|---|---|
| Optometrist | $119.06 | $108.57 |
| Doctor | $121.12 | $116.17 |
| Dentist | $112.88 | $99.13 |
Detailed Indian Trail Transportation Costs Vs. North Carolina
| Item | Indian Trail | North Carolina |
|---|---|---|
| Gasoline | $2.35 | $2.22 |
| Tire Balancing | $45.59 | $50.07 |
Detailed Indian Trail Utilities Costs Vs. North Carolina
| Item | Indian Trail | North Carolina |
|---|---|---|
| All Electricity | $158.05 | $167.67 |
| Phone | $179.94 | $175.64 |
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 103, 1.0x Indian Trail.
Monroe, NC has a cost of living index of 97, 0.9x Indian Trail.
Matthews, NC has a cost of living index of 107, 1.0x Indian Trail.
| City | Population | Cost Of Living | Vs. Indian Trail |
|---|---|---|---|
| Charlotte, NC | 864,871 | 103 | 1.0x |
| Monroe, NC | 34,464 | 97 | 0.9x |
| Matthews, NC | 29,417 | 107 | 1.0x |
| Mint Hill, NC | 26,236 | 107 | 1.0x |
| Waxhaw, NC | 19,645 | 116 | 1.1x |
| Harrisburg, NC | 18,415 | 111 | 1.1x |
| Stallings, NC | 15,932 | 109 | 1.1x |
| Weddington, NC | 12,851 | 142 | 1.4x |
| Wesley Chapel, NC | 8,661 | 122 | 1.2x |
| Unionville, NC | 6,634 | 102 | 1.0x |
