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Gastonia, NC vs Monroe, NC

89
Gastonia
North Carolina
VS
-4.1%
93
Monroe
North Carolina

Gastonia, NC and Monroe, NC have a very similar cost of living, with only a 4.1% difference in their overall index. Gastonia scores 89 while Monroe scores 93 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Gastonia is $1,145/month compared to $1,216/month in Monroe — a 6% difference. Home values follow the same pattern: Gastonia is more affordable at $250,000 median vs $270,600.

Median household income in Gastonia is $60,554 compared to $67,265 in Monroe (-10%). While Monroe 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 21.7% in Monroe.

Income & Cost

Cost of Living Index
Gastonia
89
4% cheaper
Monroe
93
Median Household Income
Gastonia
$60,554
Monroe
$67,265
10% higher

Housing

Median Rent
Gastonia
$1,145
6% cheaper
Monroe
$1,216
Median Home Value
Gastonia
$250,000
8% cheaper
Monroe
$270,600
Population
Gastonia
81,632
Monroe
35,596

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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