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Apex, NC vs Matthews, NC

131
Apex
North Carolina
VS
+10.7%
118
Matthews
North Carolina

Matthews is moderately more affordable than Apex, with a 10.7% lower cost of living index. Apex scores 131 compared to 118 for Matthews, where the US average is 100. This difference means residents of Apex can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Apex is $1,784/month compared to $1,670/month in Matthews — a 7% difference. Home values follow the same pattern: Matthews is more affordable at $406,800 median vs $514,800.

Median household income in Apex is $138,442 compared to $105,579 in Matthews (+31.1%). While Apex is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Apex spend roughly 15.5% of their income on rent, less than the 19% in Matthews.

Income & Cost

Cost of Living Index
Apex
131
Matthews
118
10% cheaper
Median Household Income
Apex
$138,442
24% higher
Matthews
$105,579

Housing

Median Rent
Apex
$1,784
Matthews
$1,670
6% cheaper
Median Home Value
Apex
$514,800
Matthews
$406,800
21% cheaper
Population
Apex
67,765
Matthews
29,959

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Apex $2.97
Matthews $2.96
US $3.07
🥚
Eggs (grade A, large)
Apex $2.42
Matthews $2.42
US $2.50
🥛
Milk (whole)
Apex $3.90
Matthews $3.89
US $4.03
🍞
Bread (white)
Apex $1.79
Matthews $1.79
US $1.85
🍗
Chicken breast
Apex $4.01
Matthews $4.00
US $4.14
Electricity
Apex $0.16
Matthews $0.16
US $0.19