Cost of living in Stallings 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 Stallings 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 Stallings is 109, with 100 being the average.
The cost of living index in Stallings is 1.1x higher than the national average.
Stallings ranks as the #128 cheapest in North Carolina out of 153.
Stallings ranks as the #4,038 cheapest out of 6,412 in the US.
The median home value in Stallings is $291,500.
The median income in Stallings is $97,630.
According to the most recent data on the cost of living, Stallings has an overall cost of living index of 109, which is 1.1x higher than the national index of 100.
Compared to North Carolina, Stallings has a cost of living index that's 1.1x higher than North Carolina's index of 95.
The standard of living in Stallings ranks as #128 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Stallings ranks as the #25 most expensive place in the Tar Heel State.
For more reading on life in Stallings, check out:
Six factors go into calculating the cost of living index in Stallings. Here is how it fairs on each of the criteria:
The Services index in Stallings is 104.
The Groceries index in Stallings is 104.
The Health index in Stallings is 104.
The Housing index in Stallings is 123.
The Transportation index in Stallings is 104.
The Utilities index in Stallings is 94.
Living Expense | Stallings | North Carolina | National Average | |
---|---|---|---|---|
Overall | 109 | 95 | 100 | |
Services | 104 | 97 | 100 | |
Groceries | 104 | 98 | 100 | |
Health | 104 | 108 | 100 | |
Housing | 123 | 91 | 100 | |
Transportation | 104 | 92 | 100 | |
Utilities | 94 | 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 Stallings is $291,500.
The Median Rent in Stallings is $1,552.
The Median Income in Stallings is $97,630.
The Home Value To Income in Stallings is 3.0x.
The Rent To Monthly Income in Stallings is 0.19x.
Statistic | Stallings | North Carolina | United States |
---|---|---|---|
Median Home Value | $291,500 | $197,500 | $244,900 |
Median Rent | $1,552 | $988 | $1,163 |
Median Income | $97,630 | $60,516 | $69,021 |
Home Value To Income | 3.0x | 3.3x | 3.5x |
Rent To Monthly Income | 0.19x | 0.2x | 0.2x |
Item | Stallings | 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 | Stallings | 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 | Stallings | North Carolina |
---|---|---|
Optometrist | $119.06 | $108.57 |
Doctor | $121.12 | $116.17 |
Dentist | $112.88 | $99.13 |
Item | Stallings | North Carolina |
---|---|---|
Gasoline | $2.35 | $2.22 |
Tire Balancing | $45.59 | $50.07 |
Item | Stallings | North Carolina |
---|---|---|
All Electricity | $158.05 | $167.67 |
Phone | $179.94 | $175.64 |
The cost of living varies in the cities and towns around Stallings. 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 Stallings.
Concord, NC has a cost of living index of 96, 0.9x Stallings.
Indian Trail, NC has a cost of living index of 103, 0.9x Stallings.
City | Population | Cost Of Living | Vs. Stallings |
---|---|---|---|
Charlotte, NC | 864,871 | 103 | 0.9x |
Concord, NC | 102,566 | 96 | 0.9x |
Indian Trail, NC | 39,603 | 103 | 0.9x |
Monroe, NC | 34,464 | 97 | 0.9x |
Matthews, NC | 29,417 | 107 | 1.0x |
Mint Hill, NC | 26,236 | 107 | 1.0x |
Harrisburg, NC | 18,415 | 111 | 1.0x |
Weddington, NC | 12,851 | 142 | 1.3x |
Wesley Chapel, NC | 8,661 | 122 | 1.1x |
Unionville, NC | 6,634 | 102 | 0.9x |