Cost of Living in Matthews, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
154.0
100 = national avg
+54.0 vs national average
Living Wage (1 Adult)
$67,738
per year
Living Wage (Family of 4)
$160,108
per year
Cost Index by Category
Housing187.5
Food130.7
Transportation123.2
Healthcare124.6
Utilities135.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,538
per month
2 Bedroom
$1,686
per month
The overall cost of living index in Matthews is 154.0, which is 54.0% above the national average. Housing costs are above the national average at an index of 187.5. A single adult needs to earn approximately $67,738 per year to cover basic expenses.