Cost of living in Unionville 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 Unionville 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 Unionville is 102, with 100 being the average.
The cost of living index in Unionville is 1.0x higher than the national average.
Unionville ranks as the #107 cheapest in North Carolina out of 153.
Unionville ranks as the #3,380 cheapest out of 6,412 in the US.
The median home value in Unionville is $263,000.
The median income in Unionville is $85,477.
According to the most recent data on the cost of living, Unionville has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.
Compared to North Carolina, Unionville has a cost of living index that's 1.1x higher than North Carolina's index of 95.
The standard of living in Unionville ranks as #107 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Unionville ranks as the #46 most expensive place in the Tar Heel State.
For more reading on life in Unionville, check out:
Six factors go into calculating the cost of living index in Unionville. Here is how it fairs on each of the criteria:
The Services index in Unionville is 103.
The Groceries index in Unionville is 102.
The Health index in Unionville is 102.
The Housing index in Unionville is 97.
The Transportation index in Unionville is 101.
The Utilities index in Unionville is 98.
Living Expense | Unionville | North Carolina | National Average | |
---|---|---|---|---|
Overall | 102 | 95 | 100 | |
Services | 103 | 97 | 100 | |
Groceries | 102 | 98 | 100 | |
Health | 102 | 108 | 100 | |
Housing | 97 | 91 | 100 | |
Transportation | 101 | 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 Unionville is $263,000.
The Median Rent in Unionville is $954.
The Median Income in Unionville is $85,477.
The Home Value To Income in Unionville is 3.1x.
The Rent To Monthly Income in Unionville is 0.13x.
Statistic | Unionville | North Carolina | United States |
---|---|---|---|
Median Home Value | $263,000 | $197,500 | $244,900 |
Median Rent | $954 | $988 | $1,163 |
Median Income | $85,477 | $60,516 | $69,021 |
Home Value To Income | 3.1x | 3.3x | 3.5x |
Rent To Monthly Income | 0.13x | 0.2x | 0.2x |
Item | Unionville | 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 | Unionville | 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 | Unionville | North Carolina |
---|---|---|
Optometrist | $119.06 | $108.57 |
Doctor | $121.12 | $116.17 |
Dentist | $112.88 | $99.13 |
Item | Unionville | North Carolina |
---|---|---|
Gasoline | $2.35 | $2.22 |
Tire Balancing | $45.59 | $50.07 |
Item | Unionville | North Carolina |
---|---|---|
All Electricity | $158.05 | $167.67 |
Phone | $179.94 | $175.64 |
The cost of living varies in the cities and towns around Unionville. 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 Unionville.
Indian Trail, NC has a cost of living index of 103, 1.0x Unionville.
Monroe, NC has a cost of living index of 97, 1.0x Unionville.
City | Population | Cost Of Living | Vs. Unionville |
---|---|---|---|
Charlotte, NC | 864,871 | 103 | 1.0x |
Indian Trail, NC | 39,603 | 103 | 1.0x |
Monroe, NC | 34,464 | 97 | 1.0x |
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 |