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Cornelius, NC vs Davidson, NC

124
Cornelius
North Carolina
VS
-8.4%
135
Davidson
North Carolina

Cornelius is moderately more affordable than Davidson, with a 8.4% lower cost of living index. Cornelius scores 124 compared to 135 for Davidson, where the US average is 100. This difference means residents of Davidson can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cornelius is $1,571/month compared to $1,636/month in Davidson — a 4% difference. Home values follow the same pattern: Cornelius is more affordable at $512,400 median vs $626,000.

Median household income in Cornelius is $114,688 compared to $152,969 in Davidson (-25%). While Davidson is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cornelius spend roughly 16.4% of their income on rent, more than the 12.8% in Davidson.

Income & Cost

Cost of Living Index
Cornelius
124
8% cheaper
Davidson
135
Median Household Income
Cornelius
$114,688
Davidson
$152,969
25% higher

Housing

Median Rent
Cornelius
$1,571
4% cheaper
Davidson
$1,636
Median Home Value
Cornelius
$512,400
18% cheaper
Davidson
$626,000
Population
Cornelius
32,009
Davidson
14,852

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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