Jacksonville, NC vs Matthews, NC
There is a significant gap in the cost of living between these two cities. Jacksonville is 26.9% cheaper than Matthews. With a cost index of 86 vs 118, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Jacksonville to Matthews should plan for substantially higher expenses across most categories.
On the housing front, median rent in Jacksonville is $1,268/month compared to $1,670/month in Matthews — a 24% difference. Home values follow the same pattern: Jacksonville is more affordable at $191,700 median vs $406,800.
Median household income in Jacksonville is $54,069 compared to $105,579 in Matthews (-48.8%). 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 Jacksonville spend roughly 28.1% of their income on rent, more than the 19% in Matthews.
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