Wesley Chapel, NC Cost Of Living
Cost Of Living In Wesley Chapel, NC Summary
Cost of living in Wesley Chapel 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 Wesley Chapel 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 Wesley Chapel is 122, with 100 being the average.
The cost of living index in Wesley Chapel is 1.2x higher than the national average.
Wesley Chapel ranks as the #148 cheapest in North Carolina out of 153.
Wesley Chapel ranks as the #4,905 cheapest out of 6,412 in the US.
The median home value in Wesley Chapel is $368,200.
The median income in Wesley Chapel is $124,716.
Table Of Contents
Wesley Chapel's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Wesley Chapel, NC?
According to the most recent data on the cost of living, Wesley Chapel has an overall cost of living index of 122, which is 1.2x higher than the national index of 100.
Compared to North Carolina, Wesley Chapel has a cost of living index that's 1.3x higher than North Carolina's index of 95.
The standard of living in Wesley Chapel ranks as #148 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Wesley Chapel ranks as the #5 most expensive place in the Tar Heel State.
For more reading on life in Wesley Chapel, check out:
- Living In Wesley Chapel
- Search Homes For Sale In Wesley Chapel, NC
In North Carolina
In America
Wesley Chapel Cost Of Living Vs. North Carolina
Six factors go into calculating the cost of living index in Wesley Chapel. Here is how it fairs on each of the criteria:
The Services index in Wesley Chapel is 104.
The Groceries index in Wesley Chapel is 102.
The Health index in Wesley Chapel is 104.
The Housing index in Wesley Chapel is 158.
The Transportation index in Wesley Chapel is 103.
The Utilities index in Wesley Chapel is 94.
| Living Expense | Wesley Chapel | North Carolina | National Average | |
|---|---|---|---|---|
| Overall | 122 | 95 | 100 | |
| Services | 104 | 97 | 100 | |
| Groceries | 102 | 98 | 100 | |
| Health | 104 | 108 | 100 | |
| Housing | 158 | 91 | 100 | |
| Transportation | 103 | 92 | 100 | |
| Utilities | 94 | 95 | 100 | |
Wesley Chapel, 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 Wesley Chapel is $368,200.
The Median Rent in Wesley Chapel is $1,688.
The Median Income in Wesley Chapel is $124,716.
The Home Value To Income in Wesley Chapel is 3.0x.
The Rent To Monthly Income in Wesley Chapel is 0.16x.
| Statistic | Wesley Chapel | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $368,200 | $197,500 | $244,900 |
| Median Rent | $1,688 | $988 | $1,163 |
| Median Income | $124,716 | $60,516 | $69,021 |
| Home Value To Income | 3.0x | 3.3x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Wesley Chapel, NC Costs By Category
Detailed Wesley Chapel Services Costs Vs. North Carolina
| Item | Wesley Chapel | 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 Wesley Chapel Groceries Costs Vs. North Carolina
| Item | Wesley Chapel | 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 Wesley Chapel Health Costs Vs. North Carolina
| Item | Wesley Chapel | North Carolina |
|---|---|---|
| Optometrist | $119.06 | $108.57 |
| Doctor | $121.12 | $116.17 |
| Dentist | $112.88 | $99.13 |
Detailed Wesley Chapel Transportation Costs Vs. North Carolina
| Item | Wesley Chapel | North Carolina |
|---|---|---|
| Gasoline | $2.35 | $2.22 |
| Tire Balancing | $45.59 | $50.07 |
Detailed Wesley Chapel Utilities Costs Vs. North Carolina
| Item | Wesley Chapel | North Carolina |
|---|---|---|
| All Electricity | $158.05 | $167.67 |
| Phone | $179.94 | $175.64 |
Wesley Chapel SnackAbility
/10
Cost Of Living In Cities Around Wesley Chapel
The cost of living varies in the cities and towns around Wesley Chapel. 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, 0.8x Wesley Chapel.
Indian Trail, NC has a cost of living index of 103, 0.8x Wesley Chapel.
Monroe, NC has a cost of living index of 97, 0.8x Wesley Chapel.
| City | Population | Cost Of Living | Vs. Wesley Chapel |
|---|---|---|---|
| Charlotte, NC | 864,871 | 103 | 0.8x |
| Indian Trail, NC | 39,603 | 103 | 0.8x |
| Monroe, NC | 34,464 | 97 | 0.8x |
| Matthews, NC | 29,417 | 107 | 0.9x |
| Mint Hill, NC | 26,236 | 107 | 0.9x |
| Waxhaw, NC | 19,645 | 116 | 1.0x |
| Stallings, NC | 15,932 | 109 | 0.9x |
| Weddington, NC | 12,851 | 142 | 1.2x |
| Tega Cay, SC | 12,336 | 117 | 1.0x |
| Unionville, NC | 6,634 | 102 | 0.8x |
