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Gastonia, NC vs Matthews, NC

89
Gastonia
North Carolina
VS
-24.4%
118
Matthews
North Carolina

There is a significant gap in the cost of living between these two cities. Gastonia is 24.4% cheaper than Matthews. With a cost index of 89 vs 118, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Gastonia to Matthews should plan for substantially higher expenses across most categories.

On the housing front, median rent in Gastonia is $1,145/month compared to $1,670/month in Matthews — a 31% difference. Home values follow the same pattern: Gastonia is more affordable at $250,000 median vs $406,800.

Median household income in Gastonia is $60,554 compared to $105,579 in Matthews (-42.6%). While Matthews is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gastonia spend roughly 22.7% of their income on rent, more than the 19% in Matthews.

Income & Cost

Cost of Living Index
Gastonia
89
24% cheaper
Matthews
118
Median Household Income
Gastonia
$60,554
Matthews
$105,579
43% higher

Housing

Median Rent
Gastonia
$1,145
31% cheaper
Matthews
$1,670
Median Home Value
Gastonia
$250,000
39% cheaper
Matthews
$406,800
Population
Gastonia
81,632
Matthews
29,959

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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